As the human race moves closer to its goal of a world without borders, global tech industry insiders have talked a lot about making money and payments more open to everyone. Innovators are looking for ways to bridge the gap between the various currencies in the world. This has led to the rise of fintech startups in Africa, offering businesses and individuals products that enable them to own accounts in currencies aside from the local ones in their base.
Leatherback, a fintech startup on the rise, has introduced ways to shake up the ecosystem and do its part to make the world borderless in the future.
On the Leatherback app, features abound. Its marquee product is eighteen different foreign bank accounts for individual users and businesses. Users who onboard the platform automatically get an account in the currency of the country in which they are onboard. In Nigeria, users get a Naira account; in the UK, users get a Pound account.
This feature immediately sets the stage for yet another…