We’re simplifying remittances to and between African countries using our digital currency dubbed “Purple Coins” while at the same time building a cashless Africa.
With over US$ 48 billion remitted to Africa from the diaspora annually, with the current remittance cost, so much money that could be put to good use on the continent is being spent on remittance fees.
Swychr (pronounced as Switcher) is a mobile app that facilitates remittances from the diaspora to Africa and between African countries using our digital currency dubbed “Purple Coins”. We have built, the fastest, most convenience yet the cheapest remittance solution to and between Africa.
In addition to facilitating international remittances, Swychr is aimed at becoming the leading mobile money app across Africa, in a continent where up to about 90% are yet unbanked.