{"id":6161,"date":"2025-09-16T03:24:02","date_gmt":"2025-09-16T02:24:02","guid":{"rendered":"https:\/\/villpress.com\/?p=6161"},"modified":"2025-09-16T03:24:14","modified_gmt":"2025-09-16T02:24:14","slug":"quickremit-launches-crowdfunding-drive-to-transform-uk-africa-payments","status":"publish","type":"post","link":"https:\/\/villpress.com\/cs\/quickremit-launches-crowdfunding-drive-to-transform-uk-africa-payments\/","title":{"rendered":"QuickRemit Launches Crowdfunding Drive to Transform UK\u2013Africa Payments"},"content":{"rendered":"<p><strong><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/villpress.com\/goto\/http:\/\/quickremitltd.com\/\">QuickRemit<\/a><\/strong>, a UK-based fintech company, has kicked off a crowdfunding campaign on Crowdcube as it seeks to scale its zero-fee cross-border payment platform. The initiative, which began mid-September 2025, aims to raise \u00a3500,000, with room for overfunding up to \u00a31.1 million.<\/p>\n\n\n\n<p>The London-headquartered company specializes in simplifying remittances between the UK and Africa, tackling long-standing challenges of high fees and slow transactions. With its mission to make money movement affordable and transparent, QuickRemit has already processed $30 million in payments and achieved 250% annual revenue growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Aiming to Redefine Remittances<\/h2>\n\n\n\n<p>Founded by <strong>Wellington Agharese<\/strong> and co-founder <strong>Paul Ofulue<\/strong>, QuickRemit blends deep expertise in African finance and UK fintech. The platform is regulated in the UK, ensuring compliance and security while offering zero-fee money transfers\u2014an advantage over traditional providers charging $5\u201310 per transaction.<\/p>\n\n\n\n<p>The company\u2019s services extend beyond consumer remittances. It provides bulk trade invoice settlements for businesses and API integrations for fintech partners. Its mobile app, available on iOS, allows individuals and companies to transfer money securely across more than 90 countries and 200,000 payment points.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Crowdfunding for Expansion<\/h2>\n\n\n\n<p>QuickRemit\u2019s campaign on Crowdcube is open to retail investors with entry points as low as \u00a310. The funds raised will support infrastructure growth and help the firm capture more of Africa\u2019s $150 billion remittance and trade payments market, projected to top $700 billion in the next decade.<\/p>\n\n\n\n<p>The company positions itself against giants like WorldRemit by offering a zero-fee model that resonates strongly with the UK and the African corridors. Nigeria, which accounts for nearly half of sub-Saharan Africa\u2019s $48 billion annual remittances, remains a core focus.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Growing Visibility and Market Position<\/h2>\n\n\n\n<p>Recent features in <strong>TechCabal<\/strong>, <strong>Business Insider Africa<\/strong>, and <strong>Silicon Africa<\/strong> have spotlighted QuickRemit\u2019s role in reshaping the payments landscape. On social media, the company has been gaining traction with reposts from fintech commentators and crowdfunding watchers alike.<\/p>\n\n\n\n<p>Leadership emphasizes that this fundraising effort is not just about capital but about creating a community-driven stake in Africa\u2019s financial future. \u201cOur goal is to enrich lives by connecting people through money transfers that are fast, transparent, and free from hidden charges,\u201d Agharese said.<\/p>\n\n\n\n<p>With over 15,000 users and 100 B2B clients already onboard, QuickRemit hopes its campaign will mirror the success stories of fintech peers like Revolut, where small early investments ballooned into life-changing returns.<\/p>\n\n\n\n<p>As the race to capture Africa\u2019s remittance flows intensifies, QuickRemit\u2019s bold zero-fee promise and fresh approach could position it as a key challenger in one of the world\u2019s most lucrative fintech battlegrounds.<\/p>","protected":false},"excerpt":{"rendered":"<p>QuickRemit, a UK-based fintech company, has kicked off a crowdfunding campaign on Crowdcube as it seeks to scale its zero-fee cross-border payment platform. The initiative, which began mid-September 2025, aims to raise \u00a3500,000, with room for overfunding up to \u00a31.1 million. The London-headquartered company specializes in simplifying remittances between the UK and Africa, tackling long-standing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[105],"tags":[488,487],"ppma_author":[331],"class_list":{"0":"post-6161","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-crowdfunding-drive","9":"tag-quickremit"},"authors":[{"term_id":331,"user_id":1,"is_guest":0,"slug":"pastakutmanwen","display_name":"Villpress Insider","avatar_url":{"url":"https:\/\/villpress.com\/wp-content\/uploads\/2025\/05\/Logo.png","url2x":"https:\/\/villpress.com\/wp-content\/uploads\/2025\/05\/Logo.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/posts\/6161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/comments?post=6161"}],"version-history":[{"count":1,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/posts\/6161\/revisions"}],"predecessor-version":[{"id":6165,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/posts\/6161\/revisions\/6165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/media\/6163"}],"wp:attachment":[{"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/media?parent=6161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/categories?post=6161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/tags?post=6161"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/villpress.com\/cs\/wp-json\/wp\/v2\/ppma_author?post=6161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}