Raiz Launches in Nigeria

Raiz, a pioneering digital bank, has announced its launch in Nigeria. 

The bank offers a groundbreaking solution that allows individuals and businesses to bank from anywhere, anytime. 

About Raiz

Raiz is a digital bank committed to making banking accessible to everyone, anywhere. 

By leveraging cutting-edge technology, Raiz provides a range of banking services, including multi-currency accounts, savings schemes, loans, and budgeting tools. These are designed to give users a unique and efficient banking experience.

With Raiz, users can open a USD account and send money to Australia, Kenya, Ghana, Uganda, USA and a few others. This eliminates the need for extensive travel and paperwork to open foreign currency accounts.

 It also reduces delays and costs associated with sending funds across borders.

Segunfunmi Oyedele, CEO of Raiz introducing the fintech said;

“Raiz is here to change the way Africans bank, by leveraging technology to break down financial barriers,” 

 “Our mission is to provide everyone with the tools they need to manage their finances more effectively, no matter where they are in the world. We believe that by offering multi-currency accounts and utilizing advanced AI, we can create a more inclusive and efficient banking system for all.”  he explained. 

What Raiz Offers

1.  Global Passport Account.

Raiz has the  unique ability to issue bank accounts that support multiple currencies.

This account allows users to hold and transact in multiple currencies seamlessly. 

2.  Communal Savings (Ajo),

 Raiz leverages AI technology to provide easier access to funds better than the traditional manual method.

 This also fosters community savings.

3.  Budget and Analytics Reports for users to monitor their spending habits and make informed financial decisions.

4,  Loans and Savings services utilize advanced technology to encourage savings and expedite loan processing. This results in quicker access to funds.

Speaking at the launch, Ada Ogbodo, Brand Strategist of Raiz noted;

 “Raiz distinguishes itself with several competitive advantages. It is the only digital bank solution offering multi-currency accounts with multi-country remittance options specifically for Africans.”

Raiz  ains to be  at the forefront of digital banking innovation like multi-currency accounts and AI-driven financial tools  as the landscape evolves.

For more information, please visit www.raiz.app to sign up and download the app on Google Play and IOS stores. 

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