“…the financial system charges them [creators] on average more than 8% simply to access their earnings. This is not just a fee; it is a barrier.” – Denelle Dixon, Co- founder, Akuna Wallet.
The wallet was built for creators, freelancers and digital entrepreneurs to access payments at an affordable rate. Users get to receive, hold, convert and spend in local currency, all with one wallet.
In the words of Co-founder, Idris Elba, “Across Africa there are millions of creators, freelancers and digital entrepreneurs doing incredible work but the financial systems supporting them haven’t always kept pace… Moments like this represent real progress toward building a financial system that works for the next generation of African talent.”
There has been a rise in the stars interested in African tech. Akon tried building a tech city, Trevor Noah joined Stitch’s Series B round, and just recently, Jared Leto put some big bets behind defence startup, Terra Industries.
CEO, KJ Owusu-Agyeman, says “The Bank of Ghana’s Virtual Assets Regulatory Sandbox is the first step in a much larger journey as we build the financial infrastructure and modern monetisation models that will allow African creators to compete on a global level.”
Will Akuna Wallet change the game?
