Flutterwave has partnered with MainStreet Bank to extend its remittances services via the Send App to 49 states in the United States of America.
This means, African in the whole of the USA, except Texas, can now remit their families back home using the Flutterwave’s Send App.
Send App by Flutterwave facilitates faster, easier, and more affordable money transfers from Africans in the diaspora to their families and friends back home.
Other key features of Send App include real-time support and exchange rate updates, an activity section that tracks transactions in real-time, and a new voucher and referral code section.
Remittances to Africa have doubled over the last decade, reaching an estimated $100 billion in 2022, according to the United Nations, supporting the medical bills, education costs, and living expenses of an estimated 200 million Africans.
The importance and necessity of staying connected, no matter the distance, is a key driver of this expansion.
Since its initial launch, Send App has quickly established itself as a trusted platform for Africans in the diaspora, offering a simple and affordable way to send money to loved ones across Africa.
Founder and CEO of Flutterwave, Olugbenga “GB” Agboola, said MainStreet Bank was selected as a partners because it is a customer-focused and tech-forward community bank, which understands and prioritises investment in communities.
He said MainStreet Bank is a great fit for Flutterwave’s goal to build bridges that connect Africa to the world, adding “Our partnership with MainStreet Bank underscores our dedication to providing secure, regulatory compliant, and efficient financial solutions. This has further strengthened the safety and security of our customers’ funds and data, ensuring that Send App remains a reliable remittance solution that gives Africans in the diaspora peace of mind with every dollar they send back home. We care deeply about our diaspora community, who we expect to play a major role in Africa’s next phase of growth.”
President of Avenu, a Division of MainStreet Bank, Todd Youngren said the Flutterwave relationship is a great fit for Avenu, an embedded banking platform with fully integrated compliance and risk management.
“We are proud to partner with Flutterwave as they expand Send App across the U.S,” he added.
Send App by Flutterwave is currently available on Google Play Store and Apple App Store. For more information on how to use Send App, please visit https://send.flutterwave.com/