Divest Launches V3, Expands Beyond Crypto-to-Cash to Build a Smarter Way to Move Money Across Africa - Wire Nigeria

Divest Launches V3, Expands Beyond Crypto-to-Cash to Build a Smarter Way to Move Money Across Africa

30 November -0001

Divest Launches V3, Expands Beyond Crypto-to-Cash to Build a Smarter...

<br />

Divest, the Nigerian fintech startup originally known for simplifying crypto-to-cash conversions, today announces the launch of Divest V3, a major product evolution that expands its mission beyond crypto off-ramping to building an integrated value-movement platform for both digital and traditional money.<br />

<br />

<br />

<br />

With V3, Divest introduces a dual-experience design that brings together Money Exchange for cash transfers and Crypto-to-Cash conversions into a seamless user experience. This positions the company at the intersection of two of Africa’s fastest-growing financial flows: fiat remittances and digital asset usage.<br />

<br />

<br />

<br />

The Problem: Fragmented Financial Movement<br />

<br />

<br />

<br />

In Africa, money rarely moves in a straight line.<br />

<br />

<br />

<br />

From informal remittance networks to fragmented banking systems and volatile local currencies, individuals and businesses often navigate multiple platforms just to complete a single transaction. Meanwhile, crypto adoption has surged across the continent, driven by demand for borderless value storage, faster cross-border payments, and protection against currency instability.<br />

<br />

<br />

<br />

Africa leads globally in grassroots crypto adoption. Users increasingly rely on stablecoins and digital assets to receive cross-border payments, protect value, and bypass inefficiencies in traditional systems.<br />

<br />

<br />

<br />

Yet a core friction point remains:<br />

<br />

<br />

<br />

<br />

Crypto and cash exist in parallel systems.<br />

<br />

<br />

<br />

Converting between them is often slow or unreliable.<br />

<br />

<br />

<br />

Users must switch between multiple platforms to complete basic financial flows.<br />

<br />

<br />

<br />

Transparency around rewards and incentives is minimal.<br />

<br />

<br />

<br />

<br />

As a result, moving funds is rarely intuitive.<br />

<br />

<br />

<br />

Divest V3 is designed to collapse those silos.<br />

<br />

<br />

<br />

The Solution: One Seamless Flow Between Crypto and Cash<br />

<br />

<br />

<br />

With V3, Divest evolves from a crypto off-ramp into a broader value movement platform.<br />

<br />

<br />

<br />

The new version introduces:<br />

<br />

<br />

<br />

<br />

<br />

Money Exchange — enabling users to move cash seamlessly.<br />

<br />

<br />

<br />

<br />

<br />

Crypto-to-Cash — Divest’s core conversion engine, refined for improved speed and reliability.<br />

<br />

<br />

<br />

<br />

...

RELATED POST
Leave a reply

NEWSLETTER

Enter your email address below to subscribe to my newsletter

CONNECT & FOLLOW