Flutterwave, Africa’s leading payments technology company, has announced the expansion of its Send App service to 49 U.S. states, partnering with MainStreet Bank, a subsidiary of MainStreet Bancshares Inc. (Nasdaq: MNSB and MNSBP). The Send App facilitates faster, easier, and more affordable money transfers for Africans in the diaspora to their families and friends back home.
Key features of the Send App include real-time support, exchange rate updates, and an activity section that tracks transactions in real-time. Additionally, the app introduces a new voucher and referral code section to enhance the user experience.
According to the United Nations, remittances to Africa have doubled over the last decade, reaching an estimated $100 billion in 2022. This financial support aids in covering medical bills, education costs, and living expenses for approximately 200 million Africans, highlighting the importance of maintaining connections despite geographic distances.
Since its initial launch, the Send App has quickly become a trusted platform for the African diaspora, providing a simple and affordable way to send money home. With coverage now extending to all U.S. states except Texas, the expansion reinforces Flutterwave’s commitment to serving African communities globally with tailored payment solutions.
Olugbenga “GB” Agboola, Founder and CEO of Flutterwave, emphasised the alignment between Flutterwave’s mission and MainStreet Bank’s community-focused approach: “As a customer-focused, tech-forward community bank, MainStreet Bank understands and prioritises investment in communities, which makes it a great fit for Flutterwave’s goal to build bridges that connect Africa to the world.”
Agboola also noted the partnership’s focus on providing secure, regulatory-compliant, and efficient financial solutions, ensuring that Send App remains a reliable remittance option for the diaspora. He expressed confidence in the role that the diaspora will play in Africa’s next phase of growth.
Todd Youngren, President of Avenu, a division of MainStreet Bank, stated, “We are proud to partner with Flutterwave as they expand Send App across the U.S.”
The Send App by Flutterwave is available for download on the Google Play Store and Apple App Store. For more information on using the Send App, visit Send App.
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