Wallets Africa, a fintech company that has captured the financial industry’s attention in Nigeria, is excited to introduce its latest innovation: Spring. This remarkable multi-currency wallet is set to redefine the way users manage their finances by providing effortless cashbacks and seamless Ethereum transactions.

Wallets Africa has achieved impressive milestones in the fintech sector:

Successful Consumer Wallet Launch: Wallets Africa has successfully welcomed 250,000 users to its consumer wallet in Nigeria, making it a vital player in the mission to bring financial services to a broader audience.

Pioneering Business Digital Banking: With over 20,000 business accounts onboard, Wallets Africa is at the forefront of business digital banking and overdraft services in Nigeria, empowering businesses to thrive.

Leading Consumer Card Issuing: Wallets Africa has established itself as a leader in consumer card issuing through its cutting-edge prepaid card product, offering users a secure and convenient payment solution.

Recognized Dedication and Innovation: Wallets Africa’s dedication to innovation was recognized when it participated in the Ecobank Fintech Challenge 2018 and was part of Y Combinator Winter ’19, cementing its position as a trailblazer in the tech world.

Strong Investor Backing: Wallets Africa has garnered support from top-notch investors, securing a $1.6 million investment from Swell Partners, Microtraction, Michael Seibel, and other prominent Silicon Valley backers.

With the launch of Spring, Wallets Africa is taking another monumental step toward democratizing financial services. Spring offers users the ability to:

  • Seamlessly onboard and get an account number
  • Earn attractive cashbacks on their transactions
  • Effortlessly perform ether transactions for various use cases


John Oke, CEO of Wallets Africa, stated, “We are thrilled to unveil Spring, which is aligned with our mission of making finance accessible to all. This is another leap forward in our journey.”

Wallets Africa is currently preparing for a seed Round, and the company believes there is tremendous synergy between its aspirations and the interests of potential investors. Wallets Africa is open to discussing this opportunity and looks forward to connecting with interested parties.

About Wallets Africa: Wallets Africa is a dynamic fintech company committed to transforming financial services and ensuring accessibility for everyone. With a strong track record of innovation and a dedication to empowering users, Wallets Africa has established itself as a leader in the financial technology industry.

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