Nigerian Fintech Divest Unites Crypto and Cash in One App

Moving money across Africa just got simpler, thanks to a Nigerian fintech that's bridging two financial worlds most apps keep separate.

Divest announced the launch of V3, a redesigned platform that combines cryptocurrency conversions and traditional cash transfers in one seamless experience. The upgrade transforms the startup from a crypto-focused tool into a comprehensive money movement platform serving users in Nigeria, South Africa, Ghana, and Kenya.

The innovation addresses a real problem millions of Africans face daily. People receive payments in crypto from abroad, need to send local transfers to family, convert digital assets to pay bills, and protect savings from currency instability, often juggling multiple apps to complete simple transactions.

Divest V3 eliminates that friction by treating crypto and cash as parts of the same financial ecosystem instead of separate systems. Users can now switch between converting cryptocurrency and transferring traditional money without leaving the app or creating multiple accounts.

The platform's Money Exchange feature handles cash transfers while the refined Crypto-to-Cash engine speeds up digital asset conversions. A new rewards program adds transparency around incentives, something users rarely find in existing platforms.

"In Africa, money rarely lives in one form," said Kelechi Idoko, Divest's CEO. "People earn in crypto, receive payments from abroad, send local transfers, hedge against inflation, sometimes all at once."

The Ripple Effect

The launch positions Divest at the intersection of two massive financial trends reshaping the continent. Africa leads the world in grassroots cryptocurrency adoption, with users turning to stablecoins and digital assets for borderless transactions and protection against local currency volatility.

Simultaneously, traditional remittances and domestic transfers continue growing as people navigate fragmented banking systems. By connecting these parallel flows, Divest creates infrastructure that matches how Africans actually move money today, not how legacy systems assume they should.

The company's evolution reflects a broader shift in African fintech. The next generation of financial tools won't force users to choose between crypto and traditional money but will integrate both intelligently based on what each transaction needs.

Financial mobility across Africa now has one less barrier, and millions of users have one less app to download.