What is Bingtellar Transfer?
Effortlessly send and receive money across Africa from anywhere in minutes, breaking free from the typical 14-day wait. 🏦 Pay using stablecoins, recipients get fiat directly in their bank account. ✅ Tailored for global teams, African diasporas & businesses.
Problem
Sending and receiving money across Africa typically involves a 14-day wait, creating inefficiencies for global teams, African diasporas, and businesses.
Solution
A platform that facilitates effortless sending and receiving money across Africa in minutes. Users can pay using stablecoins, with recipients receiving fiat directly in their bank account.
Customers
Global teams, African diasporas, and businesses that require efficient and quick money transfer services across Africa are most likely to use this product.
Unique Features
The adaptation of stablecoins for transactions ensuring swift, secure, and direct fiat transfers to the recipient's bank account distinguishes it from traditional money transfer services.
User Comments
There were no specific user comments found at the time of this analysis.
Traction
Specific traction data including user numbers, revenue, or financing was not accessible at the time of this analysis.
Market Size
The global remittance market size, serving as an approximate market size for products like Bingtellar Transfer, was valued at $701.93 billion in 2020 and is expected to grow.
