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Flutterwave Expands Remittance Capabilities in the US, Canada, Egypt and Rebrands $end to Send App by Flutterwave

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Send App by Flutterwave is now available for download on Android and iOS. It comes with a new name, new look, and a solidified mission to send love in a heartbeat.

With this relaunch, Send App users can send money from US and Canada and access new corridors to Egypt and Sénégal.

This is in addition to countries like UK, EU, Nigeria and other African countries where Send App has been available in, since launch in 2021.

SAN FRANCISCO, Aug. 1, 2023 /PRNewswire/ — Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to facilitate faster, easier, and more affordable money transfers from people in the diaspora to their families, friends, and loved ones in Africa. Send App now supports transfers from US and Canada and has added new recipient countries namely Egypt and Sénégal in its network. Launched in 2021, Send by Flutterwave has been fulfilling its mission of providing a fast, transparent, and secure way for the Africans Diaspora to bridge the distance, strengthen the bonds and connect with home.

The rebrand comes at a time when remittances to the continent have doubled over the last decade–reaching an estimated $100 billion in 2022, according to the United Nations, supporting the medical bills, school fees, and living costs of an estimated 200 million relatives in Africa. With Send App, money transfer has been taken a notch higher to become an expression of love and support and a way to make a positive change in the lives of those you care about. Flutterwave is committed to helping the diaspora communities connect with their roots without compromising transparency, fees, security, and delivery time.

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The app is currently available on Play Store and App Store and aims to enhance customer experience. Other key features of the Send App include real-time support and exchange rate update, an improved activity section that tracks transactions in real-time, and a new voucher code section that allows users to get discounts on transactions. 

Commenting on the relaunch, Temioluwa Adesina, Lead Product Manager, Send, said, “We’ve been iterating and working hard to make Send App the ultimate money transfer solution for Africans in the diaspora. I am happy we are deploying it at this time and empowering millions of Africans home and abroad to easily, safely, and quickly support and connect with each other via money transfer on Send App.”

Olugbenga GB Agboola, the Founder and CEO of Flutterwave, commented, “No matter where we find ourselves as Africans, we remain tied to our home and always seek measures to support, appreciate and stay connected with our loved ones. We are excited to be joining and helping the over 160 million Africans diasporans in the journey to easily connect with home via quick and safe money transfer on Send App. This is a remittance solution built on our cross-border experience and global payment infrastructure reach. We are on a mission to simplify payments for endless possibilities, Send App is a critical step in that direction.”

Here is how to Send Money on Send App 

  • Sign up on Send App (Android or iOS) (Add email address/ phone number and create a password).
  • Click the ‘Send Now’ button
  • Enter your money transfer details, i.e., amount, sending currency/country, and receiving currency/country.
  • Review the transaction and Send Money.

Existing users can update their apps to enjoy the new look and capabilities. New users can get it on iOS or Android by clicking on the respective highlighted links below:

About Flutterwave

Flutterwave is the leading payments technology company that enables businesses across the world to expand their operations in Africa and other emerging markets through a platform that enables local and cross-border transactions via one Application Programming Interface (API). Flutterwave has processed over 400M transactions in excess of USD $25B and serves more than one million businesses, including customers like Uber, Airpeace, Bamboo, Piggyvest, and others. The company’s key advantage is connecting businesses to various local and international payment types to enable them to expand globally. It also enables cross-border transactions from the diaspora to African countries via its Send App product. Flutterwave processes payments via multiple payment modes, including local and international cards, mobile wallets, bank transfers, and Google Pay. The company has an infrastructure reach in 34 African countries.

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For more information on Flutterwave’s journey; please visit: www.flutterwave.com 

Photo: https://mma.prnewswire.com/media/2166762/Send_App_by_Flutterwave.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/flutterwave-expands-remittance-capabilities-in-the-us-canada-egypt-and-rebrands-end-to-send-app-by-flutterwave-301890065.html

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Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US

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Avalanche, a leading blockchain platform, has partnered with Stripe to enhance the accessibility of its ecosystem. This strategic collaboration integrates Stripe’s fiat-to-crypto onramping capabilities directly into Avalanche’s C-Chain, enabling retail users to purchase the native cryptocurrency, AVAX, without the complexities of traditional crypto exchanges.

Integration and User Experience Enhancement

The integration aims to simplify the process of acquiring AVAX by embedding Stripe’s onramp as a customizable widget within various Avalanche decentralized applications (dApps). These dApps include decentralized exchanges (DEXes), NFT platforms, and digital wallets, facilitating a seamless and streamlined user experience. By leveraging Stripe’s infrastructure, users can easily fund their accounts using various payment methods, including ACH transfers and credit/debit cards.

Core Wallet Integration

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A key component of this collaboration is the integration into Core, Avalanche’s native ecosystem wallet developed by Ava Labs. Core wallet users can now directly fund their wallets via the Stripe widget, making it easier to engage with the Avalanche network. The wallet setup process is straightforward, allowing new users to create accounts using Gmail or Apple ID, thereby reducing the barriers to entry into the crypto space.

Addressing Web3 Challenges

This integration addresses several challenges commonly faced in the Web3 ecosystem, such as the “cold start problem,” where users lack initial funds to participate in transactions. Stripe’s onramp handles essential elements like KYC, payments, fraud prevention, and compliance, allowing dApps to focus on enhancing user experience rather than dealing with regulatory complexities.

The initiative is supported by key players in the Avalanche ecosystem, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms. These partners, offering services from decentralized naming and gaming to financial and social interaction platforms, stand to benefit from the increased ease of access to digital asset transactions.

Promoting Web3 Adoption

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The collaboration between Avalanche and Stripe goes beyond simplifying transactions; it also aims to bridge the gap between traditional finance and the emerging Web3 landscape. By integrating a familiar and secure payment system, the partnership ensures that users, both new and existing, can navigate the cryptocurrency ecosystem with greater ease and confidence.

The leadership from both Ava Labs and Stripe has expressed enthusiasm about the partnership. Akash Gupta, Head of Consumer Products at Ava Labs, highlighted the commitment to user-centric solutions and broader adoption of digital currencies. John Egan, Head of Crypto at Stripe, noted that the initiative aligns with Stripe’s mission to democratize access to Web3 technologies, making them safer and more accessible to a global audience.

This strategic partnership is expected to accelerate consumer adoption, deepen user engagement, and reinforce Avalanche’s position as a leader in the blockchain industry.

Source: blockchainreporter.net

The post Avalanche Joins Forces with Stripe: Transforming Crypto Purchases Across the US appeared first on HIPTHER Alerts.

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BIGG Digital Assets Enhances Crypto Investigator Training with New Modules

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BIGG Digital Assets Inc. (CSE: BIGG, OTCQX: BBKCF), a prominent player in the Digital Asset, Blockchain, and Metaverse industries, has expanded its educational offerings through its subsidiary, Blockchain Intelligence Group (BIG). This expansion includes two new advanced training modules within the Certified Cryptocurrency Investigator (CCI) program, aiming to meet the increasing demand for specialized expertise in cryptocurrency investigations and compliance.

Overview of the New Advanced Training Modules

  1. Module 9: Hacks and Exploits in the Cryptocurrency Space
    • This module focuses on the various techniques employed by cybercriminals to exploit blockchain networks and digital assets. It includes comprehensive case studies of significant cryptocurrency hacks and exit scams, providing participants with a deep understanding of these threats. The training covers how to detect early warning signs and implement best practices to mitigate risks. Additionally, it addresses the role of the dark web in these activities, giving insights into how these criminal networks operate.
  2. Module 10: Cryptocurrency Compliance and Risk Management for Financial Institutions
    • Targeted at compliance officers, risk managers, and executives, this module provides in-depth training on establishing robust risk management frameworks and controls within financial institutions. It covers essential regulatory requirements, risk assessment methodologies, and due diligence processes necessary for safeguarding against cryptocurrency-related risks. This module also offers a standalone certification, Certified Cryptocurrency Investigator – Compliance (CCI-C), emphasizing its critical relevance in today’s regulatory landscape.

Significance and Industry Impact

Lance Morginn, President of BIG, highlighted the growing sophistication of cyber threats in the digital asset space, driven by increasing global adoption of cryptocurrencies. The new modules are designed to equip professionals with the necessary skills and intelligence to identify and counter these emerging threats. This initiative reflects BIG’s commitment to providing up-to-date and practical training that addresses the current and future challenges faced by the industry.

Robert Whitaker, overseeing Law Enforcement Affairs at BIG, emphasized the continuous evolution of BIG’s curriculum to keep pace with the rapidly changing digital asset landscape. This approach ensures that professionals are well-prepared to deal with both technical and regulatory aspects of cryptocurrency investigations and compliance.

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Certification and Professional Development

The new modules complete the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification course, covering modules 6 to 10. This advanced certification is valid for one year, requiring a top-up course for renewal, which ensures that professionals remain current with the latest industry developments and best practices.

The foundational CCI certification has already been completed by over 2,500 professionals globally, including those from law enforcement, regulatory bodies, financial institutions, and the cryptocurrency sector. The courses are led by seasoned experts, including former federal agents and compliance officers, providing participants with invaluable practical knowledge and real-world insights.

Future Prospects

As the cryptocurrency industry continues to expand, the demand for specialized training and certifications like those offered by BIG will likely grow. These programs not only help professionals address existing challenges but also prepare them for future developments in the rapidly evolving digital asset space. Through these educational initiatives, BIGG Digital Assets Inc. and Blockchain Intelligence Group are making significant contributions to the security and integrity of the global cryptocurrency ecosystem.

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Source: cointrust.com

The post BIGG Digital Assets Enhances Crypto Investigator Training with New Modules appeared first on HIPTHER Alerts.

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Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series

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BIGG Digital Assets Inc. has announced the launch of two new advanced modules in its Certified Cryptocurrency Investigator (CCI) training program through its subsidiary, Blockchain Intelligence Group (BIG). This expansion reflects the growing need for specialized knowledge in the digital asset and blockchain sectors, especially as these industries face increasingly sophisticated cyber threats.

New Modules Overview

  1. Module 9: Hacks and Exploits
    • This module provides an in-depth analysis of significant cryptocurrency hacks, exploits, and exit scams. It includes detailed case studies to help students understand the tactics employed by cybercriminals, identify early warning signs, and apply best practices for risk mitigation. The curriculum also covers the role of the dark web in facilitating these illegal activities.
  2. Module 10: Compliance and Risk Management
    • Aimed at professionals in financial institutions, this module covers comprehensive frameworks and controls for managing risks associated with cryptocurrencies. It includes regulatory requirements, risk assessment methodologies, and due diligence processes. The module offers a standalone certification, the Certified Cryptocurrency Investigator – Compliance (CCI-C), which is particularly valuable for compliance officers and risk managers.

Certification Details

The completion of these two modules, along with previous ones, leads to the Certified Cryptocurrency Investigator – Advanced (CCI-A) certification. This certification is valid for one year, after which professionals must complete a top-up course to maintain their certified status. The program is designed to equip investigators, compliance teams, and risk professionals with the latest intelligence and skills necessary to combat the challenges in the rapidly evolving digital asset landscape.

Industry Relevance

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As cryptocurrency adoption grows globally, the risks associated with blockchain networks and digital assets also increase. The introduction of these advanced modules is a proactive step by BIGG Digital Assets Inc. to address the need for continuous education and training in this dynamic field. The CCI program has already been adopted by over 2,500 professionals worldwide, including law enforcement, regulatory bodies, and financial institutions, demonstrating its critical role in enhancing industry standards and safeguarding against cyber threats.

Conclusion

BIGG Digital Assets Inc.’s continued investment in educational initiatives through the Blockchain Intelligence Group underscores the importance of preparedness and expertise in the cryptocurrency space. By staying at the forefront of training and compliance, the company supports the broader industry’s efforts to maintain security and integrity as digital assets become more integrated into global financial systems.

Source: globenewswire.com

The post Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series appeared first on HIPTHER Alerts.

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