RATE Group | Binance Launches African Focused Cryptocurrency App Bundle
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Binance Launches African Focused Cryptocurrency App Bundle

Binance Launches African Focused Cryptocurrency App Bundle

Short Insights

  • Binance launched Bundle a new crypto & fiat mobile app for African users. 
  • Bundle’s founder stated that they have built Bundle keeping in mind the digitally native African users.
  • Binance stated in a press release that its social payments app is to let users send, receive, and request either fiat or crypto.
  • Binance exchange will extend the app’s operation to around 30 other African countries by the end of this year.

A crypto payments app backed by Binance has been launched for African users. This new crypto & fiat mobile app presented by Binance is called Bundle. It is founded by a former director at Binance Labs, Yele Bademosi. 

Bundle app will serve as a social payment app for fiat money and cryptocurrencies. Bademosi stated that they have built Bundle keeping in mind the digitally native African users. Adding that these are connected socially and online across geographical boundaries. The app also received funding of $450,000 from Binance in 2019….

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