Wema Bank Plc has collaborated with Flutterwave and Kadavra to launch Swap, a product aimed at digitising access to foreign exchange for Nigerians.
According to Flutterwave, Swap users would receive specialised cards, offering a convenient and digitised solution for managing personal and business travel allowances.
Commenting on the new FX product, the Chief Executive Officer of Flutterwave, Olugbenga Agboola stated thus:
“At Flutterwave, our dedication to innovation is matched only by our commitment to simplifying financial processes for endless possibilities. Swap by Flutterwave represents a significant leap forward in how Nigerians will engage with foreign exchange.
“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 honoured to have secured regulatory approval and the trust of our partners Kadavra BDC and Wema Bank to bring this life-changing solution to Nigerians.”