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As with customers in Nigeria, they will also be able to send and receive Rwandan Francs (RWF) as well as USD, GBP, EUR using the Payday App.
Payday recently announced a 3m seed round aimed at securing operational licensing in the UK and Canada while laying the foundation for entry into several other countries across Europe and Africa beginning with Nigeria and Rwanda.
Commenting on the expansion, Paydays CEO Favour Ori said, We are excited to expand our digital banking services to Rwanda as well as grow our partnership with Starlink.
Payday, the leading PanAfrican neobank issuing global (USD, GBP amp EUR) accounts to Africans, has announced its reentry into Rwanda, following the official launch of SpaceXs Starlink in the East African country.
The reentry into Rwanda marks a significant milestone in Paydays PanAfrican and global expansion plans, as well as its burgeoning working relationship as a payment processor for Starlink by SpaceX.
We believe in the importance of providing a payment solution that empowers individuals and businesses alike to connect to the digital world and unlock new opportunities for growth and development.
Founded in June 2021 in Kigali, Rwanda, Payday supports African remote workers, freelancers, business owners and digital professionals with frictionless, borderless payments.