Fintech
The NoOnes FinTech Super App exceeds 200,000 downloads
Nobodythe super financial communications app that connects people in the Global South to global financial systems, has announced that it has crossed the line 200,000 downloads despite launching just over a year ago in April 2023.
Available on Google Play AND iOS, NoOnes was launched to empower the financial freedom of the Global South through Bitcoin. The platform allows users to move money freely and faster, without the friction and challenges associated with legacy banking and financial institutions.
Details
With the new figures representing a 300% increase. in daily downloads since January 2024, the platform has also secured a 400% increase. in user signups over the past three months, accelerating NoOnes’ global push towards financial empowerment by connecting people around the world to conversations and payments.
In recent months, the platform’s meteoric rise has been primarily driven by strong market growth Kenya, Cameroon, AND South Africawho have greatly benefited from NoOnes’ full suite of features designed specifically for the needs of the Global South.
Featuring over 250 payment methods, global chat functionality for seamless cross-border communications, and a secure BTC wallet, the app is quickly emerging as the go-to platform to address the needs of underbanked populations, promoting economic equality through the adoption of Bitcoin.
What they are saying
Speaking of the new milestone, Ray Youssef, CEO of NoOnes, said: “This announcement is not only about the enormous momentum we have rapidly built as a new player in the cryptocurrency industry, but is also a testament to the enormous desire for financial empowerment in Africa and the wider Global South.
Just a year ago, we launched NoOnes with a clear mission: to lead the charge in dismantling financial apartheid once and for all, and our new leaders not only recognize our team’s immense dedication to this goal over the past few months, but they are also a serious indicator of things to come.
Digging deeper
His entrepreneurial ideology is based on the belief that peer-to-peer is the only truly free market in the world and that Bitcoin is the new global financial architecture poised to uplift the populations of Africa, Latin America and South America. East Asia.
NoOnes largest markets to date are Nigeria, Ghana, Cameroon, India and the Philippinesmaturing to date over 400,000 users worldwideand reach profitability in just under 4 months of operation.
Despite recent regulatory challenges, the African cryptocurrency sector has continued its strong upward trajectory with Kenya, Cameroon and South Africa emerging alongside Nigeria as the continent’s most important players.
Zoom out
According to Google Trends data, Kenya recently ranked among the top 15 most cryptocurrency-curious countries globally, and Cameroon currently boasts an active cryptocurrency user base of just under a million, representing nearly 7% of its active population.
With the Financial Conduct Regulatory Authority of South Africa license approval for cryptocurrency companies in April 2024, is one of the most progressive African countries for the sector, ranking among the highest-ranking countries in the world for global cryptocurrency adoption.
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