Flutterwave in partnership with Wema Bank and Kadavra, has introduced Swap, a product aimed at digitizing Nigerians’ access to foreign exchange.
The Punch reported that corporations stated that this solution provided consumers with a cohesive digital platform while also streamlining and improving the FX experience.
Flutterwave said in a statement that users of Swap would receive specialized cards, providing a practical and digital solution for managing personal and business travel budgets.
“At Flutterwave, our dedication to innovation is matched only by our commitment to simplifying financial processes for limitless possibilities,” said the company’s chief executive officer, Olugbenga Agboola. Swap by Flutterwave represents a big advancement in how Nigerians will interact with foreign exchange.
“Swap is our response to those pain areas, offering a simple and effective platform for currency conversion. We understand the FX access difficulties people and organizations experience.”
Wema Bank and Kadavra BDC said, “We are honored to have received regulatory permission and our partners’ trust in bringing this game-changing service to Nigerians.
The managing director of Wema Bank, Moruf Oseni, emphasized the bank’s dedication to digital innovation and the industry-transforming effects of products like Swap.
In a statement endorsing Swap, Kadavra BDC CEO Cynthia Onyinyechi said: “Swap is a step in the right direction for solving major FX problems for Nigerians.”
