A service aimed at the African Diaspora, which comprises an estimated 1.7 million persons in the UK, is being launched by Sendsprint Technology Solutions today in the UK. In order to handle cross-border transactions, Sendsprint works with Flutterwave, the top payments technology provider in Africa. Flutterwave offers the necessary infrastructure.
The company’s goods link the African Diaspora to loved ones back home. It is also launching its Sprint Connect gifting solution, which links the African Diaspora to retailers all over the continent, as well as the Sendsprint money transfer service.
Nigeria, Kenya, and South Africa are the three destination nations that SendSprint will provide senders at launch. SendSprint plans to reach 300,000 UK users in the first 18 months. SendSprint’s international expansion into the United States and Canada is slated to begin in the coming months, with the UK launch serving as the company’s first international step.
By offering a flat fee experience of $5 (roughly £4.10) for money transfers as opposed to a sliding scale from other providers, favorable exchange rates with real-time transaction monitoring, and round-the-clock customer service support, Sendsprint’s Send Money product is a dependable and affordable solution that will solve a financial problem for the African diaspora.
Sprint Connect, a special gifting item from Sendsprint, is created with the African diaspora in mind. Aggregator agreements with more than 3,000 merchants in receiving nations enable the company’s technology-driven product line. Shoprite, Game, Jumia, Filmhouse Cinema, St. Nicholas Hospital, and Healthplus pharmacies are just a few examples of partner merchants. Customers can use the product to send gift cards to people in Africa for everyday items like groceries, clothing, accessories, and healthcare, mirroring the cultural specificity of how remittances are utilized at home.
A strategic agreement between SendSprint and Flutterwave, one of the top financial service providers in Africa, enables the company to provide its customers with cross-border remittances. With a presence in the US and Nigeria, SendSprint has designated the UK as its global headquarters since its incorporation in April. SendSprint has also submitted an application with a regulated organization for the required licensing.
“We appreciate the ties people have to their native countries and the value of sending presents and money to help support family members back home. SendSprint’s mission is to facilitate quick, easy, and hassle-free international transfers between family members back home in Africa as well as a creative giving experience. This is a service created by and for the African Diaspora. At SendSprint, we are all aware of the many demands that African expatriates face. This is acknowledged and reflected in our service.
“As we want to grow and link people throughout the world to their homes in Africa, the UK launch is a big milestone for SendSprint. We have high growth goals, and expanding our staff in both product and customer service will help us achieve them.