EUR – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Fri, 27 Mar 2026 08:35:43 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png EUR – Tech | Business | Economy https://techeconomy.ng 32 32 Expedier Launches Multi-Currency Payments Platform https://techeconomy.ng/expedier-launches-multi-currency-payments-platform/ https://techeconomy.ng/expedier-launches-multi-currency-payments-platform/#respond Fri, 27 Mar 2026 08:35:43 +0000 https://techeconomy.ng/?p=178569 Expedier, a Canada-based fintech company, has launched Expedier for Business, a pro-banking online platform designed to help companies manage global cross-border payments, multi-currency transactions, and financial operations from a single platform.

As businesses expand beyond local markets and digital commerce accelerates across the continent, managing payments across currencies and jurisdictions remains a significant operational challenge. Fragmented payment systems, overly complex processes, and limited financial visibility often slow companies seeking to scale internationally.

Expedier for Business was developed to address these challenges by centralizing payments, invoicing, payroll, and treasury operations into one secure interface.

Speaking on the launch, Kingsley Madu, co-founder/CEO at Expedier, said:

“African businesses are increasingly global in how they operate, whether working with international suppliers, remote teams, or customers across multiple countries. However, financial infrastructure has not always evolved at the same pace. Expedier for Business was built to simplify how companies manage money across borders while maintaining visibility, control, and compliance across teams and markets.”

The platform enables businesses to manage payments, invoices, multi-currency accounts, and internal financial workflows through customizable dashboards.

Built with security and usability at its core, Expedier for Business incorporates two-factor authentication, streamlined KYC and KYB verification processes, and structured access controls to support operational accountability across teams.

Expedier for Business supports transactions in USD, CAD, GBP, EUR and other international currencies, providing companies with improved oversight across markets.

Additional capabilities include virtual card issuance, automated payroll and invoicing tools, currency swaps, and payment tracking designed to streamline cross-border financial workflows.

The launch comes as cross-border trade and remote collaboration continue to reshape how African companies operate.

With increasing demand for faster and more transparent financial systems, fintech infrastructure providers are playing a growing role in enabling regional and global expansion.

Expedier for Business is now available to organizations seeking a secure and scalable solution for managing global financial operations.

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Al Baraka Bank Unveils Vivere, Allows Payments in Six Currencies https://techeconomy.ng/al-baraka-bank-unveils-vivere/ https://techeconomy.ng/al-baraka-bank-unveils-vivere/#respond Sat, 06 Dec 2025 06:48:54 +0000 https://techeconomy.ng/?p=172251 Al Baraka Bank has announced the launch of Vivere, a groundbreaking Shari’ah compliant foreign currency account that empowers South Africans to transact globally with confidence.

Vivere allows customers to hold and transact in six major international currencies, USD, EUR, GBP, TRY, AED, and SAR, using one secure VISA card.

Designed for seamless international living, Vivere supports online purchases, in-store transactions, ATM withdrawals abroad, and global travel needs including Hajj and Umrah.

“Vivere reflects our commitment to innovation that improves the everyday lives of our customers, locally and abroad,” Mr. Shabir Chohan, Chief Executive Officer.

With an annual fee of just $10, Vivere offers secure access to foreign funds without the hassle associated with purchasing foreign currency notes. Customers can manage international currency from the comfort of their home, sending, storing, and spending effortlessly.

“We built Vivere to deliver financial freedom across borders, without complexity and without compromising our ethical values,” Mr. Sumeshion Chetty, GM: Information Technology.

Vivere represents a major milestone in the bank’s strategic focus on digital convenience, customer-centricity, and Shariah-compliant banking innovation.

The product was successfully launched across Durban, Johannesburg, and Cape Town with interactive activations and live demonstrations.

Vivere is now available at all Al Baraka Bank branches and online.

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