04 August 2023

Global fintech company IDT Corporation has announced the expansion of its BOSS Money app into Francophone Africa.

The remittance service is expanding into Senegal, Côte d’Ivoire, Cameroon, and the Democratic Republic of Congo (DRC).
BOSS Money enables customers to store, send, receive, and exchange currencies on their phones domestically and across borders in Africa and enables direct receipt of remittances from senders in the US.

“We’ve tailored the BOSS Money app specifically to meet the pressing need among the unbanked for a cross-border transaction platform in these (Francophone) markets,” said BOSS Money Africa CEO Nat Robinson.

BOSS Money is already available in Rwanda, Ghana, Kenya, Uganda, Tanzania, and Zambia and is now expanding to more countries in West and Central Africa. BOSS Money is available on smartphones via the app, and feature phones via USSD short code.

The BOSS Money app aims to redefine the financial transaction landscape for individuals and small businesses in Francophone Africa, offering innovative solutions tailored to the unique needs and aspirations of the local communities. By leveraging fintech and expertise in local financial markets, the money transfer app is aiming to improve financial inclusion and economic empowerment in the region.

“Our goal is to empower individuals and businesses with convenient, secure, and affordable financial services across Africa, enabling them to thrive and build a brighter future,” said IDT regional director of operations Grace Anyetei.