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Vol. 7 · Wuse 2, AbujaExample rates inside
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Built in Wuse 2

Swiftpurse started in 2019 above a phone shop in Wuse 2 with three engineers and one question: why does sending ₦2,000 cost so much and take so long?

No. 01Timeline

Our story

  1. Three people, one roomThe first version sends money between friends in Abuja.
  2. Bills and tokensElectricity tokens with no fee bring the first million users.
  3. Wuse Market goes QR400 stalls in a season. Agents arrive in every district.
  4. Business and POSTerminals, links and same-evening settlement.
  5. Savings potsShared pots for rent, school fees and celebrations.

No. 02Scale

In numbers

3.2mpeople with a purse
61kbusinesses
1284agents in the FCT
240people on the team

Example figures for this demo.

No. 03Values

What we believe

Plain fees

If it does not fit on a receipt, it is too complicated.

Weak network first

We test on cheap phones and 3G every week.

People nearby

Agents in every district, because sometimes you need a person.

No. 04People

The team

Hauwa DanjumaCo-founder and chief executive
Tunde BakareCo-founder, engineering
Emeka ObioraCo-founder, risk and compliance
Fatima LawalHead of agents
Samuel AdeyemiHead of business
Grace EkanemCustomer care

No. 05Press

Press

For interviews and press materials, write to the email in the footer with Press in the subject. We reply on weekdays within one working day.