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Spendin, the cross-border payments and financial infrastructure product, mostly debated as the “Revolut of Africa” expanded its payment network into four Francophone African markets and introduced artificial intelligence-powered product experiences as it seeks to strengthen its position in one of the continent’s fastest-growing fintech segments. The product said it has launched new XAF and XOF payout rails, enabling businesses and individuals to send stablecoin and fiat-denominated payouts directly into local bank accounts and mobile money wallets across Cameroon, Senegal, Benin, and Côte d’Ivoire.
The expansion extends Spendin’s payment coverage deeper into Francophone Africa, a region that has historically remained underserved by global payment providers despite growing digital commerce activity and increasing demand for cross-border financial services. The move comes as African businesses continue searching for faster and more reliable alternatives to traditional banking channels, which often involve lengthy settlement times, foreign exchange restrictions, and fragmented payment infrastructure.
As part of its latest product update, Spendin also released version 1.7.7 of its mobile application, introducing AI-powered user experiences designed to improve navigation, mobile money transaction workflows, and overall customer interactions. The update includes enhancements to payout infrastructure, user interfaces, and backend performance systems. Operational efficiency and platform uptime improved to 98.2% during the quarter, up from 96% previously, reflecting continued investment in infrastructure resilience and service reliability.
