Social Payments App Bundle, launches in Nigeria.
Africa’s Social Payments App known as Bundle has been launched in Nigeria by Founder of Microtraction and Ex-director of Binance Lab Yele Bademosi.
Bundle is a social payment app for cash or crypto which makes it easy to send, request, and receive cash as well as buy, sell, and store digital assets such as BNB, BTC, ETH, BUSD and also deposit and withdraw digital currencies and local fiat starting with NGN (Nigeria Naira).
Transactions on Bundle can be processed through various payment mediums such as cards, bank transfer, Mobile Money, and can be stored in Bundle’s SmartWallet.
Founder of Bundle, Yele Bademosi said, “Anyone can send and receive value, whether cash or bitcoin, without a bank account by just searching through their phone, Telegram, or WhatsApp contacts. I’m yet to see anyone make it that easy to trade digital currencies”.
Bounder’s team realized that Africa is challenged with financial inclusion and hyperinflation which requires bold, innovative, and alternative ways of solving such a problem.
According to the founder, Yele Bademosi, Bundle’s mission is to create a world where Africans no matter their location can access the best financial services that will improve the quality of their lives and help them achieve their personal goals.
“We built a Bundle with the digitally native African user in mind. They are social, online, and connected across geographical boundaries. They prefer their financial services delivered digitally via mobile apps as opposed to visiting brick and mortar bank branches,” Bademosi further stated.
Currently, the Bundle app is available on only Android but the IOS will be available in the coming weeks.
Bundle will launch with 0 fees; however, KYC verification and fiat deposit and withdrawal limits apply.
Bundle aims to become a super app that can be used in Africa and the world at large in the nearest future.