Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy.
Raenest wants users to earn from their money, not just receive it
Raenest announced new products including Raenest Vaults, offering annual yields of up to 16% on naira balances. The company expanded its USDT and USDC payment capabilities and improved its invoicing and payment links.
Raenest expands beyond cross-border payments with stablecoins and savings
Raenest launched a suite of products for cross-border payments at its annual community event in Lagos. The new offerings include stablecoin payments, cryptocurrency deposits, and savings vaults with interest rates up to 16%.
My Life In Tech: Gen Z is demanding transparency in fintech. Here’s how Raenest is delivering
Victor Alade, co-founder of Raenest, emphasizes Gen Z's pragmatic approach to financial services. Gen Z accounts for 31.2% of Africa's population and has a spending power equal to Millennials.
Raenest enters US market with new stablecoin and stock investing products
Raenest unveiled four new products at its annual community event, Raenest Exchange. The company introduced a product allowing customers to buy shares in global companies from their Naira or USD accounts.
Strong Start to 2025: February Deals Show Resilience in Fintech and Logistics Sectors
The number of $100k+ deals announced in February 2025 fell to 38, the lowest for any February since 2021. The total amount raised in February 2025 was $119m, the lowest for any February since 2019.
