Sendsprint, a Totowa, New Jersey-based worldwide fee and remittance startup, has acquired Nobel Monetary Inc., a NJ-based world remittance service supplier.
The quantity of the deal was not disclosed.
With this acquisition, Sendsprint will be capable to assist cash transfers and gifting from clients in 16 US states, together with New Jersey, Maryland, Georgia and extra, to recipients in Nigeria, Ghana, Kenya and different African nations.
Based in 2014, Nobel Monetary gives worldwide remittance providers from the USA to over 32 nations throughout Africa, Latin America, Asia and the Center East. In addition to cash, the corporate additionally permits customers to ship in-kind items resembling luggage of rice and different items to recipients in Africa.
Led by CEO Damisi Busari, Sendsprint is a monetary know-how startup specializing in cross-border fee options, with operations within the US, UK, Ghana, Kenya, South Africa and Nigeria. With the purpose to simplify worldwide transactions, it gives user-friendly platforms for people, companies, and organizations to ship and obtain funds globally.
FinSMEs
09/08/2024