Platform Targets Borderless Finance for Africans at Home and Abroad
Raiz, a recently launched financial platform aimed at simplifying global money management for Africans both on the continent and in the diaspora, has recorded $2.6 million in transaction volume within just 90 days of operation.
The company revealed the milestone in a statement, describing the achievement as validation of the growing demand for smarter, borderless financial tools tailored to African users navigating both local and international ecosystems.
Comprehensive Financial Tools in a Single App
Launched earlier this year, Raiz offers a suite of services including USD banking, real-time currency exchange, international and cross-border local payments and collections, smart budgeting features, and virtual cards — all integrated into a streamlined, user-friendly mobile app.
Designed to meet the needs of a wide range of users — from international students and freelancers to remote workers and small businesses — the platform provides flexible, transparent, and accessible financial solutions in an increasingly digital and global economy.
Founders Attribute Growth to Community and Tech
Commenting on the rapid growth, Segunfunmi Oyedele, Raiz’s Founder and CEO, said:
“This milestone validates what we’ve believed from the start — the world is going borderless, and Africans should not be left behind. Hitting $2.6 million in processed volume within 90 days is not just a number; it’s proof that our product is solving real problems.”
Oyedele credited the platform’s early success to a user-first strategy, community-led growth, and a strong technical infrastructure that ensures reliability and ease of use for its customers across different geographies.
Chief Executive Founder/Co-founder, Segunfunmi Oyedele,
Expansion Plans Ahead of Public Launch
Buoyed by its initial traction, Raiz is now preparing for a public launch, with plans to introduce more features, onboard users and businesses in multiple markets, and deepen strategic partnerships aimed at advancing cross-border financial inclusion.
The company’s long-term vision is to build a global payment network that connects individuals, institutions, and enterprises through a unified, intelligent infrastructure — effectively breaking down financial barriers and making international transactions as seamless as local ones.
As fintech continues to redefine how people access and manage money, Raiz’s early performance underscores the growing demand for solutions that reflect the financial realities of a global African population.