Canada-based neobank Be Cellular Africa has introduced its official launch in South Africa with a mission to make banking accessible to the unbanked and underbanked within the nation. It additionally gives low to no-fee banking merchandise via its cell app. 

In accordance with an announcement seen by TechCabal, opening a Be Mobile Africa account will allow prospects to carry, ship and obtain funds in a number of currencies together with USD and EUR. Clients may even be capable to ship cash overseas in seconds and earn 5% curiosity every year in USD and EUR with Be Cellular Africa’s financial savings providing.

The corporate additional claims that prospects will be capable to switch and request cash from anybody within the Be Cellular Africa community immediately and for free of charge, and to trade currencies with low international trade charges. 

“We’re extremely excited to be launching our providers in South Africa. This is a crucial marketplace for us and we consider there may be nice potential for progress.” says CEO & co-founder of Be Cellular Africa Dr Cédric Jeannot.

The corporate’s cell app is out there for Android and iOS gadgets and the corporate plans to launch a B2B providing within the close to future. 

Be Cellular Africa is at the moment out there in 30 African nations with plans to develop into extra markets.