Afriex
Afriex is a fintech company based in San Francisco, specializing in no-fee remittances and secure money transfers to over 7 countries, with a focus on convenience and bank-grade security.
Company Overview
Afriex is a fintech company based in San Francisco, California, focused on providing secure and efficient payment solutions. The company has a small, dedicated team and operates in the fintech sub-industry, specifically in payments. Afriex is part of the Y-Combinator S20 batch and offers services across regions such as the United States, Canada, and various other remote locations.
Services
Afriex offers a range of services to facilitate money transfers. Users can send money from the US, UK, Canada, and Europe to countries including Nigeria, Ghana, Kenya, and many more. The platform supports transfers up to $3,000 daily to bank accounts and e-wallets, with zero fees for transfers over $10 and a $1 fee for lesser amounts. Afriex ensures fast, secure transfers using end-to-end encryption and is PCI DSS compliant, providing a secure environment for financial transactions.
Referral Program
Afriex promotes a referral program that rewards users with a $20 Afriex credit for successful referrals. When a referred user completes a transfer of $150 or more, the referring user receives the credit. This program is part of Afriex's strategy to grow its user base and enhance customer engagement.
User Experience
Afriex is highlighted as a trusted choice for money transfers by its users, who frequently commend its reliability, convenience, and competitive rates. The platform features a mobile app, which can be easily downloaded using a QR code on the website, offering a seamless process for sending and receiving money. The app is available in multiple languages, including English, Français, Deutsch, and አማርኛ, catering to a diverse user base.
Security and Compliance
Afriex prioritizes the security of its users' financial and personal information. The platform utilizes end-to-end encryption and complies with the Payment Card Industry Data Security Standard (PCI DSS), ensuring high security for all transactions. Afriex's commitment to security helps build trust with its users, safeguarding their data and financial activities.