2020 has been an interesting year for us at FXKudi. A challenging one to be precise, but we made the best out of it, and then we could not have done what we have done so far without all the businesses and users we serve.

Here is how our 2020 went

February; We launched!

Image for post
Image for post

We set out to launch on 23rd February 2020. Well, this was before the pandemic got hold of the world and forced us all into unusual activities such as remote working, but as we earlier stated, this has indeed brought out the best in us.

We launched with money transfer service to connect you and your family together through a simplified means of money transfer to family and friends. But wait, did we forget to tell you that we launched with only 23 active users of our service?. Yeah, you heard that right, we launched with only 23 active users. …


Image for post
Image for post

Your FXkudi card remains a dollar card and was built to give you unrestricted access to pay online anywhere in the world. However, unrestricted access to payment is not just what we set out to achieve with the virtual card, we intend to give you a complete control over your money. As long as you can create the virtual card for yourself, family, and friends, and even generate more than one card, we left the control in your possession.

The reason behind this update is to connect people easily through payment. …


Image for post
Image for post

One of the challenges we discovered our users face is having some leftover money in their card not willing to use for online payment yet, and they don’t intend to leave their money in the card. They rather prefer to withdraw the money into their personal bank account for other use.

As long as we continue to give you access to payment freedom, you deserve to have complete control over your money. This is why we are introducing withdrawal from FXkudi card. …


Let’s share with you, a story of how the journey began, and what we have done so far.

When we launched on 23rd February 2020, we had a mission. The mission includes service to the African continent, and in the middle of that, we were also determined to work towards ensuring that we provide services that power businesses across the continent, starting from Ghana. …


Image for post
Image for post

Given that technology is the new language every business speaks, it has now become ineluctable for SMEs. They survive on the tools from the invention of technology to build, scale, and make their businesses profitable. As this becomes the reality of the day, these entrepreneurs who are trying to manage their businesses still struggle especially during this COVID-19 pandemic.

To ensure that they are equipped with the necessary information and tools required to operate, maintain, and build a profitable business even in tough times like this, we decided to play our part in empowering them in this digital accelerator program.

As it has always been part of our mission to power businesses in Africa, we have partnered with Africa Institute of Media Studies and Tika Mall Africa to give free intensive training on Business Development, Digital Marketing, and E-commerce. …


Image for post
Image for post

Before the introduction of mobile payment, people feel comfortable making donations at church during service with cash, and it has become a way of life. As long as cash is considered to be important for both the church and its members, it is also important to make the church limited to cash collection for donations, tithe/offering.

Let’s come to think of it, there is more advantage in providing multiple ways of payment collection for the church from its members. …


Image for post
Image for post

We are pleased to announce our partnership with the National Students’ Award, Ghana to provide seamless payment processing to voters on all awards categories for the year 2020. The NSA awards which is currently the highest and biggest award scheme on the students and educational front in the country has in the past years awarded deserving and prominent corporate and private individuals, Government institutions, students, and student leaders among others.

Our mission to power businesses in Africa geared us in going into partnership with the NSA this year. While it is easy for voters to vote, it is also important that payment processing is hassle-free, and this we believe would give people great voting experience. …


Image for post
Image for post

A new and better FXKudi

We sent out survey questions to all our registered users on 27th May 2020. That survey was intentional, we created it to get your opinion on how we are doing and what you think we need to improve on. Based on the data we gathered from that survey, we took a decision to work harder to serve you better.

This new update is specifically for our app and it was part of our plans to continuously provide satisfying service and improved user experience to you on our platforms.


Image for post
Image for post

The rise of the digital economy in Africa is clearly dictating how the continent behave towards cash. Although “cash is king” as they say, but indeed cashless is healthier, safe, and more convenient for everyone.

Go Cashless Africa is an initiative and a product of FXKudi built to ensure the safety and ease of payment in Africa.

Africans cannot continue to imagine a cashless Africa, it is here already. …


With a population of over 31 million people which is equivalent to 0.4% of the world’s population, Ghana happen to be one of Africa’s countries that depend so much on Mobile Money technology. Over 58% of Ghanaians use that medium to send and receive money within Ghana. However, Ghana is also a country that accommodates immigrants from across the world; these people come into Ghana for business, to study, or for visitation.

Image for post
Image for post

Mobile Money (MoMo) has become a technology that is completely accepted and used by businesses and even immigrants as well, as it is the easiest way to receive and send money anytime and anywhere. However, MoMo hasn't been seen as a medium of international money transfer, although accepted locally but not recognized to be used for sending money outside Ghana and receiving money into Ghana from other countries of the world. …

About

fxkudi

fxkudi is a financial technology company based in Ghana, established to give Africans access to borderless money transfer and power to pay.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store