BINANCE-BACKED CRYPTOCURRENCY PAYMENTS APP BUNDLE LAUNCHES IN NIGERIA

The race to dominate the African digital asset landscape has just intensified. A Binance-backed crypto payments app, designed to provide feeless transactions across Africa, launches today with support for Nigeria's naira. Schebuled Maintenance: Our website will be undergoing maintenance on 31 March from 09.00 to 11.00 AM EDTBundle, an innovative social payments application focused on the African market and incubated by leading cryptocurrency exchange Binance, has officially launched in Nigeria.Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle aims to revolutionize how Africans interact with both cash and cryptocurrencies. One of Binance s goals is to drive crypto inclusion on a global scale. Bundle is crucial to achieving this goal, Bademosi emphasises. It is important to however stress that Bundle operates as an independent entity and is backed by Binance, which provided a pre-seed capital of $450,000 in September 2025, as well as other African investors.Imagine effortlessly sending money to a friend, splitting a bill, or investing in Bitcoin – all within a single, user-friendly app.This is the promise of Bundle.The app allows users to request, send, and receive cash or crypto from their peers seamlessly. Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance.With Nigeria as its initial launchpad, Bundle has ambitious plans to expand its reach across 30 African nations, transforming the continent's financial ecosystem.

Bundle is more than just a payment app; it's a potential gateway to financial inclusion for millions of unbanked individuals across Africa.By providing a secure and accessible platform for managing both fiat currency and digital assets, Bundle aims to empower users to participate in the global economy. Bundle Africa, or simply Bundle is a social payment software that allows users to trade cryptocurrencies, send and receive fiat, and save in dollars and other currencies. Bundle was launched in August 2025 by Yele Bademosi. It was developed within the Binance ecosystem.So, what exactly does this new app offer, and how might it reshape the future of payments in Africa? Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance.Let's dive into the details.

Understanding Bundle: The Social Payments App for Africa

Bundle is designed as a social payments application that simplifies the complexities of managing both cash and cryptocurrencies.Imagine a world where sending money to friends is as easy as tagging them on social media.That’s the vision behind Bundle.It's built to be intuitive, engaging, and inclusive, making it easy for anyone, regardless of their technical expertise, to participate in the digital economy.

Launched initially in Nigeria, Bundle supports the Nigerian naira (NGN), along with popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Introducing Bundle, an Africa-focused Social Payments App. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers. Download the app here! Read Yele s interview with Forbes here, which talks about Bundle aiming to be the Venmo of Africa. Binance ExchangeThis allows users to seamlessly convert between fiat and crypto, facilitating a wide range of transactions from everyday payments to investment opportunities.

Key Features of the Bundle App

• Request, Send, and Receive: Effortlessly send and receive cash and cryptocurrencies to and from your contacts.
• Buy and Sell Crypto: Buy and sell Bitcoin, Ethereum, and Binance Coin directly within the app.
• Fiat and Crypto Conversions: Seamlessly convert between Nigerian Naira and cryptocurrencies.
• Fiat Deposits: Directly deposit Nigerian Naira into your Bundle wallet.
• Digital Asset Storage: Securely store your cryptocurrencies within the app's wallet.

The Binance Connection: Incubation and Backing

Bundle's journey began within the Binance ecosystem.The app was incubated by the global cryptocurrency exchange, benefiting from its expertise, resources, and network. Binance provided a pre-seed capital of $450,000 in September 2025, as well as other African investors, demonstrating its commitment to the project and its belief in the potential of the African market.

It's important to note that while Binance provides backing and support, Bundle operates as an independent entity, allowing it to focus specifically on the unique needs and challenges of the African market.This independence enables Bundle to innovate and adapt quickly to the evolving landscape of digital payments in Africa.

Why Nigeria as the Launchpad?

Nigeria was strategically chosen as the initial launch market for Bundle due to several key factors:

• Large Population: Nigeria is the most populous country in Africa, offering a vast potential user base.
• High Mobile Penetration: A significant percentage of Nigerians have access to smartphones, making mobile-based payment solutions highly viable.
• Growing Cryptocurrency Adoption: Nigeria has seen a surge in cryptocurrency adoption in recent years, driven by factors such as inflation and limited access to traditional banking services.
• Tech-Savvy Population: Nigerians are generally receptive to new technologies and innovations, creating a favorable environment for the adoption of digital payment solutions like Bundle.

Bundle's Vision: Becoming the Venmo of Africa

Yele Bademosi, the founder of Bundle, has a clear vision for the app: to become the ""Venmo of Africa."" This means creating a seamless, social, and user-friendly platform that makes managing money as easy as sending a message.Just as Venmo has revolutionized peer-to-peer payments in the United States, Bundle aims to do the same for Africa.

The key to achieving this vision lies in understanding the unique challenges and opportunities of the African market.Bundle is designed to address specific pain points, such as limited access to banking services, high transaction fees, and currency volatility.By providing a secure and accessible platform for managing both fiat currency and digital assets, Bundle aims to empower users to participate in the global economy and improve their financial well-being.

Beyond Payments: Building a Super-App for Africa

While payments are at the core of Bundle's functionality, the long-term vision extends far beyond. Binance hopes to see Bundle evolve into a super-app that encompasses a wide range of services, catering to the diverse needs of African consumers. Bundle, a social Payments app, has launched in Nigeria facilitating services in both cryptocurrencies and fiat. The app will allow users to buy, sell, and store digital currencies including Bitcoin, Ethereum, and Binance Coin. In addition, it will also support crypto and fiat conversions, along with direct fiat deposits.This could include features such as:

• Investment Opportunities: Providing access to investment products, such as stocks and bonds, to help users grow their wealth.
• E-commerce Integration: Partnering with online retailers to enable seamless payments for goods and services.
• Financial Education: Offering educational resources to help users learn about cryptocurrencies and financial management.
• Other Financial Services: Offering access to loans, insurance, and other essential financial products.

The Race for Africa: Competition in the Cryptocurrency Space

Bundle's launch in Nigeria comes at a time of intense competition in the African cryptocurrency space. at UTCA crypto payments app backed by global exchange Binance has launched in Nigeria, kicking the contest to become Africa's chief digital asset provider into high gear.Binance said in a press release Thursday its social payments app Bundle would provide users across Africa with a fee-free means to store and transact MoreSeveral other companies are vying to become the leading digital asset provider on the continent. Bundle, an Africa-focused social payments app for cash and cryptocurrencies, backed by Binance, today has launched in Nigeria. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers. Users can buy, sell, andThis competition is driven by the growing recognition of Africa's potential as a major market for cryptocurrencies and blockchain technology.

With a large population, high mobile penetration, and increasing adoption of digital currencies, Africa presents a unique opportunity for companies that can provide innovative and accessible solutions.The race is on to build the best platform for managing digital assets and facilitating financial inclusion across the continent.

What Makes Bundle Stand Out?

In a crowded market, Bundle needs to differentiate itself to stand out from the competition.Here are some factors that could give Bundle a competitive edge:

• Binance Backing: The support of Binance provides Bundle with credibility, resources, and access to a global network.
• Focus on User Experience: Bundle is designed to be user-friendly and intuitive, making it easy for anyone to use, regardless of their technical expertise.
• Social Payments Focus: The social payments aspect of Bundle makes it more engaging and appealing to younger users.
• Local Market Expertise: Bundle is specifically designed for the African market, taking into account the unique challenges and opportunities of the region.

The Impact of Cryptocurrency Adoption in Africa

The growing adoption of cryptocurrencies in Africa has the potential to transform the continent's financial landscape in several ways:

• Financial Inclusion: Cryptocurrencies can provide access to financial services for millions of unbanked individuals who are excluded from the traditional banking system.
• Reduced Transaction Costs: Cryptocurrencies can significantly reduce transaction costs, especially for cross-border payments.
• Increased Transparency: Blockchain technology can enhance transparency and reduce corruption in financial transactions.
• Economic Growth: Cryptocurrencies can stimulate economic growth by facilitating trade and investment.
• Empowerment: Cryptocurrencies can empower individuals by giving them greater control over their finances.

Challenges to Cryptocurrency Adoption in Africa

Despite the potential benefits, there are also several challenges to cryptocurrency adoption in Africa:

• Regulatory Uncertainty: The regulatory landscape for cryptocurrencies in Africa is still evolving, creating uncertainty for businesses and investors.
• Lack of Awareness: Many people in Africa are still unaware of cryptocurrencies and their potential benefits.
• Infrastructure Limitations: Limited access to internet and electricity can hinder the adoption of cryptocurrencies in some areas.
• Security Concerns: Concerns about the security of cryptocurrency wallets and exchanges can deter some people from using them.
• Volatility: The volatility of cryptocurrency prices can make them risky for some users.

How to Get Started with Bundle in Nigeria

Getting started with Bundle in Nigeria is a straightforward process. Binance has launched Bundle, a social payments app focused on the African market. At launch, the app supports Nigerian naira (NGN), Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB). The exchange hopes to turn Bundle into a super-app that encompasses over 30 African countries.Here's a step-by-step guide:

1. Download the App: Download the Bundle app from the Google Play Store or the Apple App Store.
2. Create an Account: Create an account by providing your email address and phone number.
3. Verify Your Identity: Verify your identity by providing the required documentation, such as a national ID card or passport.
4. Fund Your Wallet: Fund your Bundle wallet by depositing Nigerian Naira via bank transfer or other supported methods.
5. Start Transacting: Once your wallet is funded, you can start sending and receiving money, buying and selling crypto, and exploring the other features of the app.

Tips for Using Bundle Safely and Effectively

To ensure a safe and effective experience with Bundle, consider the following tips:

• Use a Strong Password: Choose a strong and unique password for your Bundle account.
• Enable Two-Factor Authentication: Enable two-factor authentication to add an extra layer of security to your account.
• Be Cautious of Phishing Scams: Be wary of phishing emails and messages that attempt to trick you into revealing your account credentials.
• Keep Your App Updated: Keep your Bundle app updated to the latest version to ensure you have the latest security patches and features.
• Research Cryptocurrencies Before Investing: Before investing in any cryptocurrency, do your research and understand the risks involved.

Frequently Asked Questions (FAQs) About Bundle

What currencies does Bundle support?

Bundle currently supports the Nigerian Naira (NGN), Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).

Is Bundle available in other African countries?

Bundle is currently available in Nigeria, but there are plans to expand to 30 African nations.

Is Bundle safe to use?

Bundle employs several security measures to protect user funds and data, including encryption, two-factor authentication, and regular security audits.However, as with any financial application, it's important to practice good security habits and be aware of potential risks.

What are the fees for using Bundle?

Bundle aims to provide fee-free transactions across Africa, but specific fee structures may vary depending on the type of transaction and the region.

How can I contact Bundle customer support?

You can contact Bundle customer support through the app or on their website.

Conclusion: Bundle and the Future of Payments in Africa

The launch of Binance-backed Bundle in Nigeria marks a significant step forward in the evolution of digital payments in Africa. Introducing Bundle - a social payments app for cash and cryptocurrencies. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers. Download the app here! What is Bundle?By providing a user-friendly and accessible platform for managing both cash and cryptocurrencies, Bundle has the potential to empower millions of individuals and transform the continent's financial landscape.While challenges remain, the growing adoption of cryptocurrencies in Africa, coupled with innovative solutions like Bundle, suggests a bright future for financial inclusion and economic growth.

Key takeaways from this article:

• Bundle is a social payments app backed by Binance that has launched in Nigeria.
• It allows users to send, receive, buy, and sell both cash and cryptocurrencies.
• Bundle aims to become the ""Venmo of Africa"" and expand to 30 African nations.
• Binance's support provides Bundle with credibility, resources, and a global network.
• The growing adoption of cryptocurrencies in Africa has the potential to transform the continent's financial landscape.

Download the Bundle app today and be a part of the future of payments in Africa!