Xend Finance Passes 100k Users and Launches Into Ghana and Kenya

Check out the worldwide coverage from tech news outlets on our growth in a bear market and what's next...

Jul 08, 2022

Oops, we did it again! Just a few months ago we mentioned passing 10k users and now we’ve hit 100k! (Well, since announcing it last week, we’ve shot way past that! But that’s a story for another day. 😉)

📈 We’ve constantly reiterated that Xend Finance will bring meaningful real-world adoption. With this milestone, that comes just over a year after our launch and six months after the launch of our mobile app (on Android and iOS), we have proven there’s a real need for people in underserved regions (and beyond) to convert their local currency and save in US Dollars or stable cryptocurrency — to the tune of 100,000 users! 🙌🏾

🇳🇬 In fact, while we’re open to people all over the world, the majority of our marketing efforts have been in Nigeria – where the local currency (Naira) suffers debilitating devaluation year after year. With this announcement, we also officially announced the launch of our marketing efforts in Ghana (Cedis) and Kenya (Shillings), while accepting both currencies for conversion on our app! 🇬🇭🇰🇪

💸 Our growth with real-world users led us to update our branding and tagline from a “DeFi platform for credit unions and individuals” to a “global crypto bank offering up to 15% interest” on your savings!

You can read our press release and the full announcement on our blog here.

News Outlets Showing Love On Our Announcement

📰🗞 Not since our launch in March of 2021, have we had this much press attention in one week. We are grateful for the coverage and humbled that many consider us the face – and a success story – for blockchain and DeFi startups in Africa. 🙏🏾

Please, check out some of the coverage below:

1. Ventureburn – "Africa's first global blockchain bank hits 100k users"

2. BitcoinKE – "Nigeria's Xend Finance Hits 100K Users and Enables Local Currency Conversions to Stablecoins"

3. BSC News – "Xend Hits Milestone Upon Launch Into Two New African Nations"

4. Cryptopolitan – "Burgeoning crypto start-up, Xend Finance launch in Ghana, Kenya"

Our CEO's 1-on-1 Interviews:

5. Techpoint Africa – "How Xend Finance CEO, Ugochukwu Aronu, went from chasing oil money to discovering blockchain gold"

6. Technext – "Why Regulation is important for the crypto industry – Ugochukwu Aronu, Xend Finance CEO"

One last thing, don’t forget our promotion where you can win a trip to Dubai for creating a savings account👇🏾!