The operations of DafriBank have continued to spread across the world with its presence being greatly felt in over 180 countries
DafriBank Digital is a branchless and borderless financial technology company providing customized financial services, payment gateway solutions, and growth opportunities to digital entrepreneurs and businesses.
The company leverages its global bank agent network to avail its services in these nations. The prototype enables users in the countries where DafriBank Digital has no offices to utilize its local agents to send/receive cross-border payment in a matter of minutes.
The company has also listed a number of merchants such as OMAHA Hotels, Deriv Limited, DafriXchange, B-Exchange, and UMEH Motors among others as early subscribers and walking on onboarding more merchants to its networks.
In 2020, the company raised $6 million from a group of private investors in series A funding led by DafriGroup PLC, a South African based public company with branches in Nigeria and Botswana and has released the first version of its digital banking solution with a focus on offering seamless payment gateway solutions to medium-sized digital enterprises.
“DafriBank Digital enterprise-grade solution is suited for businesses aiming to enter African digital market. It acts as a fiat-to-digital currency bridge for African growing digital entrepreneurs an inch that has been largely ignored by the conventional banks. Explains the Chief Architecture, Catharine Anajemba
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