Raiz, a leading digital bank, is making waves in Nigeria by offering a groundbreaking solution that empowers individuals and businesses to bank seamlessly from anywhere in the world. With its unique Global Passport Account, Raiz breaks down financial barriers by allowing users to hold and transact in multiple currencies.

Key Features and Benefits:

• Multi-Currency Accounts: Hold and transact in various currencies, including USD, eliminating the need for traditional foreign currency accounts.
• Global Remittances: Send money to multiple countries, including Australia, Kenya, Ghana, Uganda, and the USA, at competitive rates and with minimal delays.
• Communal Savings (Ajo): Utilize AI-powered communal savings features to foster community-based savings and access funds more efficiently.
• Budget and Analytics: Track spending habits and make informed financial decisions with comprehensive budgeting and analytics tools.
• Loans and Savings: Access loans and savings products through Raiz’s advanced technology, streamlining the application and approval process.

Segunfunmi Oyedele, CEO of Raiz, stated: “Raiz is committed to transforming the way Africans bank by leveraging technology to create a more inclusive and efficient financial system. Our multi-currency accounts and innovative features empower individuals and businesses to manage their finances effectively, regardless of their location.”

Ada Ogbodo, Brand Strategist of Raiz, added: “Raiz stands out as the only digital bank solution in Nigeria offering multi-currency accounts with multi-country remittance options, specifically tailored for Africans.”

The Future of Banking in Nigeria:

Raiz’s launch marks a significant milestone in the evolution of digital banking in Nigeria. By providing accessible, affordable, and innovative financial solutions, Raiz is paving the way for a more inclusive and prosperous future for individuals and businesses across the country.