Tranzfar launches The Freedom Account in Nigeria

Tranzfar, an international payment solution provider
focused on cross-border money transfers from the United Kingdom, United States, 27 EU
countries, Canada, New Zealand and Australia to Nigeria, Ghana and Kenya has recently
launched its latest innovative product ‘The Freedom bank Account’ in Nigeria.
The Freedom Account allows customers in Nigeria to open and manage their own United
Kingdom foreign account for instant payments across UK bank accounts.
In his opening speech, the Chairman Tranzfar, Mr. Bankole Eniola said that the Freedom
account was carefully designed to give people in Nigeria, Ghana and Kenya the opportunity to
bank globally in over 30 countries where Tranzfar currently have footprint.
Bankole further added that ‘Tranzfar is about making payment seamless across the globe and
aspiring to become the world’s leading African financial technology platform, providing
innovative digital financial products on behalf of the African diaspora communities and users
across the globe.’
The Chief Executive Officer of Tranzfar, Mr. Ryan Romeo added that ‘Tranzfar is dedicated to
ameliorating the challenges a lot of the Africans in diaspora and those within Africa face daily
financially. Within the diaspora itself, a lot of Africans suffer limited financial accessibility and
limited access to basic financial amenities. The introduction of Freedom Bank Account will
guarantee a seamless payment of overseas bills, utilities and obligations. Beyond that within
the continent itself, there is volatile exchange rate that leads to a big and enlarged devaluation
of people’s wealth. Tranzfar is trying to bring Africans in diaspora back into the fold and give
them the financial access that they are currently deprived of. The Freedom Account gives the
opportunity for increased financial participation for those within African and Africans in
diaspora.’
The Chief Financial Officer of Tranzfar, Dr. Olusiji Sanya added that, Tranzfar is committed to
fostering a potent link between Africa and the rest of the world through trustworthy financial
solutions and remains committed to the development of the Nigerian financial society through
fast, easy, and reliable services. With the launch of the ‘Freedom Bank Account’, Nigerians can
be rest assured of the promise of Top-notch service delivery and a financial platform they can
rely on each time they need to and on whatever channel they choose whether it be our mobile
App or website.’
The Freedom Account will give Nigerians at home and in diaspora the financial freedom
through the ease of making payments in countries where Tranzfar operates. Tranzfar is also
regulated by the different financial regulatory bodies in the UK, US, Canada, Australia and other
countries where they operate to ensure conformity and safety of customer funds. Thus, they
are committed to providing innovative, seamless, and safe payment solutions at all times
especially to those within the African continent.

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