Founded in 2023, the company has recorded a significant milestone, surpassing 100,000 verified users while extending its operations to over 50 countries and supporting transactions in 15 different currencies.
What began as a digital payments solution has now transformed into a comprehensive financial lifestyle ecosystem, offering services such as multi-currency wallets, international money transfers, virtual and physical debit cards, savings solutions, and lifestyle services, including flight and hotel bookings.
Speaking during the anniversary celebration, the Chief Executive Officer and Co-founder, Benjamin Oyemolan, attributed the company’s rapid rise to its commitment to addressing real-world financial challenges faced by Africans both at home and in the diaspora.
“We set out to give Africans access to global financial infrastructure without the friction that had defined their experiences for decades. Three years later, the numbers tell the story,” he stated.
A major highlight of Platnova’s innovation drive is its Vault product, a multi-currency savings feature that offers returns in United States Dollars, British Pounds, Euros, and the Nigerian Naira. Additionally, the firm recently launched a USD account creation feature, enabling users worldwide to send, receive, and manage dollar transactions seamlessly in real time.
In a move that underscores its customer-centric philosophy, the company also eliminated transfer fees on naira transactions, positioning the initiative as a long-term value offering rather than a temporary promotion.
Platnova’s regulatory compliance and strategic partnerships across Nigeria, the United Kingdom, the United States, Canada, and Rwanda have further strengthened its position as one of the few African fintech firms with a robust multi-jurisdictional presence.
Looking ahead, the company has outlined plans to enhance its business-focused solutions, streamline onboarding processes, and penetrate new markets, while maintaining a strong focus on delivering accessible global financial services to African users.
The firm’s impressive trajectory has earned it recognition on several global platforms, including being named the Fastest Growing Fintech Startup in Nigeria and securing a second runner-up position at the 2024 Startup World Cup Grand Finale held in San Francisco, United States.