TEMPO PARTNERS WITH FLUTTERWAVE TO PROVIDE FAST AND AFFORDABLE BLOCKCHAIN PAYMENTS TO NIGERIA

The partnership will further Tempo’s efforts to provide fast and secure payments over the blockchain

Tempo Money Transfer announces a partnership with Flutterwave, an African payment technology company, to offer easy, fast and secure blockchain payments using Stellar to Nigeria.

Tempo is leveraging Stellar’s blockchain technology to make remittances easy, fast, and affordable. Flutterwave’s extensive network infrastructure enables Tempo’s EU customers to send funds into any verified Nigerian bank account within seconds.

With this partnership, Tempo’s customers may send funds to their loved ones in Nigeria through any of Tempo’s 300 agents, online or via the Tempo mobile application for payment in Nigerian local currency.

“Our partnership with Tempo is a fantastic example of the kind of innovation Flutterwave is enabling on the Stellar blockchain technology to bring down remittance costs and connect Africa to the global economy. We are excited for the impact this partnership will have on diaspora families who can now send bank payments to their loved ones back home for less,” said Lyinoluwa Aboyeji, CEO, Flutterwave.

Jeffrey Phaneuf, CEO of Tempo said that “We are very positive about this new blockchain partnership with Flutterwave. In the near future, we will be launching new receiving countries in Africa such as Ghana and Kenya also on the Stellar blockchain.”