Social Payments Platform, Bundle Africa Ready To Launch in Ghana
Africa-focused social payments app, Bundle Africa is set to launch in Ghana. This was revealed in an announcement by the company via its official Twitter handle.
Bundle Africa has been operational in only Nigeria since it launched in April this year. The social payments app supports cash and cryptocurrency transactions among peers.
A product of Bundle Wallet Technology, the app was developed by Yele Badamosi – CEO of VC firm, Microtraction and former Director of Binance Labs.
Launching in Nigeria first didn’t particularly come as a surprise as Nigeria was clearly leading the African continent in peer to peer (P2P) bitcoin transactions.
Users in Nigeria are able to trade cash in Naira and cryptos including Bitcoin (BTC), Ethereum (ETH), Binance utility token BNB and its dollar-based stable coin BUSD.
Africa has witnessed a surge in the adoption of cryptocurrency largely due to the predominant tech-savvy youthful population and the continent’s volatile currencies.
The bundle will seek to leverage this as it takes its cash/crypto payments solution to the Ghanaian market. While the app currently allows for only Nigerian Naira as fiat currency for cash transactions, its Ghana launch means that Ghanaian Cedis will be now be supported on the platform.
A number of reactions across social media have followed the announcement of the payment app’s imminent launch in Ghana.
One Twitter user, Mathias Aseh was curious to know if Bundle in Ghana would be offering all the features supported on its Nigerian platform. These services include the chat-like user interface, crypto integration and payment options through credit/debit cards, bank transfers and mobile money.