Leaf Wallet App Rebranded To BOSS Money As Part Of Expansion Across Africa

Posted on February 9, 2023

IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that it is rebranding its Africa-based Leaf Wallet app to IDT’s flagship financial services brand, BOSS Money.

The rebranding is part of a broader initiative to leverage the key technologies of Leaf Wallet to gradually expand across Africa allowing U.S. consumers to send money transfers directly to family and friends in the Continent.

The newly branded BOSS Money wallet will continue to use the Leaf Wallet’s innovative, blockchain-based technology on the Stellar Network, so that customers across Africa can safely store, send, receive, and exchange currencies on their phones domestically and across borders. The wallet will continue to allow customers to access funds and transact on feature phones utilizing a USSD interface accessed via a short code and via the app.

The Boss Money wallet will enable customers across Africa to receive money in their local currency directly from customers in the U.S using the BOSS Money app. Transferred funds can be used to purchase airtime, pay bills locally, and send to other BOSS Money users across Africa for free.  Funds can also be cashed out to the recipient’s bank account or their mobile operator’s wallet.

“We see a tremendous opportunity across Africa to grow our footprint and reach millions of new customers with the BOSS Money wallet and to connect both our current and new customers to their family and friends in the U.S.,” said Nat Robinson, Leaf’s CEO.

The newly rebranded BOSS Money app is already available for download in Kenya, Uganda, and Rwanda, and will soon be available in Nigeria, Ghana, Zambia, and Tanzania.

“BOSS Money will enable customers in the U.S. to send money safely and securely within seconds like a local to family, friends, and loved ones across Africa. Recipients of the funds can use their BOSS Money wallet to choose how, when, and where to access those funds,” said Grace Anyetei, IDT’s Regional Director of Operations based in Nairobi, Kenya.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

BY FUNSHO AROGUNDADE Almost five decades after floating a small chemist’s store in the... Continue
  KINGSLEY EBERE   Support continues to mount for the aspirations of Dr. Chibueze... Continue
  MICHAEL AKINOLA The Association of Community Pharmacists of Nigeria, ACPN, has urged the... Continue
The country is currently facing an energy crisis characterized by widespread unreliability of power... Continue
CYRIACUS IZUEKWE Nigeria is on the verge of creating State Police, more than six... Continue
The All Progressives Congress Presidential Campaign Council has uncovered a well-orchestrated, devious plan by... Continue
ADEOLA OGUNLADE The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD),... Continue
CYRIACUS IZUEKWE Four men have been arraigned before a Lagos Magistrate Court sitting in... Continue
The Pan Niger Delta Forum, PANDEF, has mourned the passing of Pa Reuben Famuyide... Continue
MICHAEL AKINOLA  Billionaire philanthropist and donor of the new Lagos State Security Trust Fund... Continue

UBA


Access Bank

Twitter

Sponsored