Payment startup Sendsprint acquires US-based Nobel Financial enhance remittance services to Africa

Fintech startup Sendsprint has announced the full acquisition of Nobel Financial, a US-based global remittance service provider.

The acquisition will see Sendsprint drive the expansion of its footprint and services to customers in the United States.

Sendsprint will also be able to support money transfers and gifting from customers in 16 US states, including New Jersey, Maryland, Georgia and more, to recipients in Nigeria, Ghana, Kenya and other African countries.

Founded in 2014, Nobel Financial offers international remittance services from the USA to over 32 countries across Africa, Latin America, Asia and the Middle East. As well as money, the company also enables users to send in-kind gifts such as bags of rice and other gifts to recipients in Africa. Over the last 10 years, Nobel Financial has helped more than a million customers to transfer funds to recipients all over the world.

By Nixon Kanali.

Full story at Tech Trends Kenya