Flutterwave launches CBN-backed Swap, partners Wema, Kadavra to make speedy FX available for Nigerians

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Flutterwave, Africa's leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap is a cutting edge solution that is backed by the Central Bank of Nigeria (CBN) to serve as the secure & reliable digital platform for Nigerians to have immediate access to foreign currency at competitive exchange rates. This announcement was made at a press conference at the Flutterwave office in Ikoyi on Monday.

Flutterwave, Africa’s leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap is a cutting edge solution that is backed by the Central Bank of Nigeria to serve as the secure & reliable digital platform for Nigerians to have immediate access to foreign currency at competitive exchange rates. This announcement was made at a press conference at the Flutterwave office in Ikoyi on Monday.

Beyond being the digital platform that has been approved by the Central Bank of Nigeria to facilitate currency exchanges for businesses and consumers, Swap will ensure that every exchange is not only seamless and secure, but also financially rewarding, granting consumers greater purchasing power and businesses massive investment potential.

We understand the FX access challenges individuals and businesses face, and Swap is our answer to those pain points, providing a seamless and efficient platform for currency exchange. We are honored to have secured regulatory approval and the trust of our partners Kadavra BDC and Wema Bank to bring this life changing solution to Nigerians.

 

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