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Raiz Hits $2.6M Milestone in 90 Days


Raiz, a financial platform designed to simplify global money management for Africans at home and in the diaspora, has revealed that it has processed $2.6m in transaction volume within 90 days.

This was disclosed in a statement made available to The PUNCH.

Launched earlier this year, Raiz empowers users with USD banking, real-time currency exchange, international and cross-border local payouts and collections, smart budgeting tools, and virtual cards, all accessible from a single, easy-to-use app.

Speaking on the feat, the Chief Executive Founder/Co-founder, Segunfunmi Oyedele, said, “This milestone validates what we’ve believed from the start; the world is going borderless, and Africans should not be left behind. Hitting $2.6m in processed volume within 90 days is not just a number; it’s proof that our product is solving real problems.”

He added that the early success of the firm was largely driven by its user-first approach, community-led growth, and robust tech infrastructure.

From international students to freelancers and remote workers, Raiz is quickly becoming the go-to platform for those seeking flexible and transparent financial tools.

With this momentum, Raiz is now preparing for its public launch with plans to expand features, onboard more users and businesses across multiple markets, and deepen partnerships that support cross-border financial inclusion, making global and local payments and collections accessible and affordable for all,” he added.

Raiz is building a global payment network connecting institutions, businesses, and individuals through a unified, intelligent infrastructure.

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