Lipaworld improves cross-border remittances from the US to Africa with its stablecoin wallet. Whether payments are used for personal financial support, tuition payments, or other essential expenses, Lipaworld helps money move quickly and affordably.

The Challenge 

Traditional remittance services often come with high fees, slow transfer times, and limited accessibility for recipients in Africa. Lipaworld needed a solution that provides instant, low-cost transfers while maintaining security for their users without sacrificing usability.

The Solution 

By integrating Portal’s non-custodial wallets and Web SDK, Lipaworld allows users to send stablecoins across wallets and convert them into local currencies. Built on Solana, this solution ensures users can have high-speed transactions with minimal fees, offering a superior experience to the one offered by traditional providers.

Lipaworld offers many core benefits to its users:

• Instant transfers: People can send stablecoins instantly to loved ones and colleagues in Kenya, Ghana, Nigeria, South Africa, and Zimbabwe
• Local currency conversion: Stablecoins can be converted into local currencies for real-world spending
• Marketplace integration: The wallet can be used to purchase essential goods and services in South Africa, Kenya, Nigeria, and Zimbabwe
• Secure and non-custodial: Users maintain full control of their funds, ensuring security and transparency
• Built on Solana: Users complete high-speed, low-cost blockchain transactions for a frictionless product experience

Impact 

Lipaworld’s adoption of Portal’s wallet infrastructure is transforming remittances by reducing costs, improving accessibility, and enhancing financial inclusion for African communities. With a fast, secure, and user-friendly solution, users can now support their families, pay tuition fees, and facilitate commerce without the traditional barriers of legacy banking systems.

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“With non-custodial wallets, we are able to expand our remittance business much faster than before!” - Jonathan Katende, CEO of Lipaworld

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Portal’s non-custodial wallet technology allows Lipaworld to deliver a next-generation remittance experience, leveraging stablecoins and blockchain technology for a faster, safer, and more cost-effective financial future. To try Portal for free, click here.

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