Y Combinator-backed fintech startup Afriex has launched a new feature called Global Accounts that empowers individuals and businesses across Africa to seamlessly manage multi-currency accounts, making it easier than ever to receive, send, and store funds internationally. Its new Global Accounts feature allow customers to receive and hold funds in multiple currencies, including USD, GBP and EUR, all within a single, intuitive interface. This eliminates the need to maintain separate accounts and navigate the complexities of traditional cross-border payments. “With the launch of Global Accounts, we’re taking a significant step forward in simplifying cross-border money management and addressing a critical pain point for our users. Freelancers, remote workers, and anyone needing to receive USD directly can now receive, hold, transfer, and manage their funds seamlessly.”

Source: The North Africa Journal July 19, 2024 15:52 UTC