Verto

Introducing Verto Pay: The Ultimate Business Payment Solution for SMEs. 🚀💸   Verto Pay is the game-changing solution for small and medium business owners who struggle with unstable currency rates, high transfer costs and hidden fees when making international payments. 📱💳 With Verto Pay, you get a FREE business debit card to make international transactions in USD, GBP or EUR. Business owners can pay for subscriptions, invoices, online ads and more whenever they want while enjoying increased security for their transactions and the ability to manage expenses directly on their phone. ➡️ Download Verto Pay now! CLICK HERE to download:  https://lnkd.in/eM3sEi87 #Verto #VertoPay #CrossBorderPayments #VirtualUSDCard #FreeBusinessDebitCard

The departure of foreign players like Mercury underscores the importance of homegrown solutions in Africa. Navigating complex markets like Nigeria requires deep local understanding—something we excel at. Co-founded by two Nigerian entrepreneurs Ola Oyetayo and Anthony O. and our Nigerian office led by Austin Okpagu, Ph.D, who has a profound understanding of the landscape, we’re uniquely positioned to meet the needs of the Nigerian market. Catch up with Austin in his recent chat with Henry Nzekwe of WeeTracker on how Verto is filling the void left by Mercury. ➡️: https://lnkd.in/diumezKs

Mercury has added Nigeria to its list of prohibited countries, leading to the shutdown of accounts for many Nigerian businesses. This sudden change has left entrepreneurs searching for reliable financial alternatives. ✨ Verto is rising to the occasion, offering Nigerian entrepreneurs essential services and more to ensure their businesses continue to thrive. With innovative products like a global multi-currency account in up to 25 currencies, global payouts, corporate cards, and enhanced security measures, Verto is your new financial partner. Why Choose Verto? 💸 Create global account in up to 25 currencies including EUR/GBP/USD 🚀 Seamless global payouts 🔐 Enhanced security and compliance 👩🏽💻 User-friendly platform with dedicated support Don’t let geographical limitations hold your business back. Embrace the future of business finance with Verto and keep your business thriving globally! LEARN MORE: https://lnkd.in/exPbnANS #VertoFX #BusinessFinance #NigerianEntrepreneurs #GlobalBusiness #FinancialServices #MultiCurrencyAccount #Mercury

African SMEs are the driving force behind the continent’s economic growth, but their success depends on seamless cross-border payments. In a chat with Nosa Alekhuogie of THISDAY, our CEO and Co-founder Ola Oyetayo delved into the intricacies of cross-border transactions, highlighting the challenges faced by African SMEs and the trailblazing solutions Verto offers. ▸ 🗞️Read here: https://lnkd.in/eBPQW5Ad #VertoFX #CrossBorderPayments #AfricanSMEs #Finance

Nigeria's economic landscape has undergone a dramatic transformation in the past 18 months. From FX reforms to fuel subsidy removals, naira devaluation and FX backlog clearing, the Central Bank of Nigeria (CBN) has been busy implementing a range of measures aimed at bolstering the economy. Yet, the Naira continues to trade near all-time highs against the USD, raising concerns about the effectiveness of these policies. In our latest #NigeriaMacroUpdate with Charlie Bird, we delve into the key factors driving the Naira's depreciation including persistent inflation and dwindling FX reserves. This article explores these issues and asks critical questions: ‣ Can the CBN find a way to tame inflation without further weakening the Naira? ‣ Are there alternative policy measures the CBN could consider? ‣ What impact will Dangote's refinery have on Nigeria's FX demand in the coming months? 📰 Tap the link below to read. #VertoFX #NigeriaMacroUpdate #Naira #NigerianEconomy #MonetaryPolicy #CentralBankofNigeria

About 92% of intra-African trade is domiciled in dollars, adding an extra layer of complexity and cost. Our CEO, Ola Oyetayo, had a robust conversation with BusinessDay on how Verto is solving this challenge, as well as the opportunities that exist in this space. A big thanks to Zainab ADEROUNMU A. W. (Thehijabicompere) for the session. 📰 Read the full interview below: https://lnkd.in/gP4XQWkn #VertoFX #Businessday #IntraAfricanTrade

Last week, our Co-founder and CTO/CPO Anthony O. spoke at ITNewsAfrica.com Digital Finance Africa Summit in Johannesburg, South Africa. His panel discussion on Artificial Intelligence (AI) in Banking - Creating Guardrails and Encouraging Innovation explored the use of AI in personalised banking and how to align AI with financial laws regulatory compliance. 🚀 #DigitalFinanceAfrica #DFA2024 #VertoFX

In this week's episode of Forex in Five, Charlie Bird unpacks the fiscal ramifications of the political shockwaves in developed and emerging markets. 🇬🇧 Financial markets digesting potential Labour government. 🇪🇺 Potential further rate cuts dependent on data and inflation trends. 🇳🇬 Stability in NGN rates around 1480 to 1510. 🇰🇪 Negative reception to the new finance bill and the impact on KES. 🇹🇿 Appreciation of TZS as positive trend as recent floods subside. 🎥 WATCH: https://lnkd.in/eqWw2z4B -- Make sure to subscribe to our YouTube channel and turn on notifications to never miss an update. #ForexinFive #VertoFX #ForexUpdates #ForexNews

Our Co-founder and CTO/CPO, Anthony O. will be at this year's ITNewsAfrica.com Digital Finance Africa Summit in Johannesburg, South Africa. He will be speaking on the panel: Artificial Intelligence (AI) in Banking - Creating Guardrails and Encouraging Innovation. 🎉 🇿🇦 Join Anthony as he discusses how to use AI to personalise banking and enhance service, how to leverage AI for fraud detection as well as how to align AI with financial laws and adapt to regulatory compliance including data protection. 📆 Date: July 4th, 2024 📍 Venue: The Maslow, Sandton 🕒 Time: 9 AM - 5 PM (SAST) 🎟️ Book your seat: https://lnkd.in/eiC7YeJm   #DigitalFinanceAfrica #FintechAfrica #FintechConference #AIinBanking #FinancialTechnology #FutureOfFinancea

The Central Bank of Nigeria (CBN) recently mandated that all diaspora remittances be paid in Naira, aligning with corresponding foreign currency inflows. This move is significant for Nigeria's financial landscape, affecting Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs). To explore the implications of this directive, Ola Oyetayo, Co-founder and CEO of Verto, shared insights on Channels Television's Business Morning segment on Sunrise Daily. 🎥 WATCH: https://lnkd.in/e52WDe7B #CTVBusinessMorning #VertoFX #CrossBorderPayment