Bundle Hits $14 Million Monthly Trade Volume, Expands To Ghana

By
Milcah Lukhanyu
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Bundle, the Nigerian social payments app for cash and cryptocurrency and which allows its users to buy, sell, withdraw, deposit, convert and send crypto has expanded to Ghana.

Incubated by Binance, Bundle also allows free transfers and requests of local currency and launched in Lagos, Nigeria on April 23, 2020 with plans to drive the adoption of cryptocurrency in Africa as part of a larger mission to make economic freedom and prosperity a reality for all Africans no matter where they live.

The firm says it has recorded exponential month-on-month user and transaction growth since its April launch, hitting an all-time high monthly trade volume of $14 million in September, and its launch in Ghana is a sign of good things to come.

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At present, only about 1.4 million people use cryptocurrency in Africa – a continent with an estimated population of 1.2 billion people and a potential for several use cases of cryptocurrency.

Bundle’s Ghana launch gives more Africans the option to trade and store cryptocurrency including BTC (Bitcoin), ETH (Ether), BNB, BUSD (Binance US Dollars), TRX (TRON), LTC (Litecoin), LINK, WRX (WazirX) and BCH (Bitcoin Cash) safely and conveniently.

Bundle users can also request and send cryptocurrency and local currencies free of transaction fees.

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Bundle’s Ghanaian users are now able to buy and sell crypto on the app, as well as send and receive crypto and Ghanaian cedis.

The social payments app for cash and crypto available for Android phones and iPhones launched in Nigeria in April, after raising $450,000 in pre-seed funding in 2019.

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