You dothe super financial communication app that connects the people of the Global South with the world’s financial systems has announced that it has outgrown 200,000 downloads despite being released just over a year ago in April 2023.
Available in Google Play and iOS, NoOnes was launched to strengthen the economic freedom of the Global South through Bitcoin. The platform enables users to move money freely and faster, without the frictions and challenges associated with traditional banking and financial institutions.
Details
With the new elements representing a 300% increase in daily downloads since January 2024, the platform has also secured a 400% rise. in user sign-ups in the past three months, accelerating NoOnes global drive for financial empowerment by connecting people around the world with chat and payments.
In recent months, the meteoric rise of the platform is mainly due to strong growth Kenya, Cameroon, and South Africawhich have greatly benefited from NoOnes comprehensive suite of features uniquely tailored to the demands of the Global South.
Featuring over 250 payment methods, global chat features for seamless cross-border communication, and a secure BTC wallet, the app is quickly emerging as the most popular platform to serve the needs of unbanked populations, pioneering financial equality through Bitcoin adoption .
What they say
Speaking of the new milestone, Ray Youssef, CEO of NoOnes, he said “This announcement is not only about the tremendous momentum we have quickly built as a new player in the cryptocurrency space, but is a testament to the huge appetite for economic empowerment in Africa and the wider Global South.
Just over a year ago, we launched NoOnes with a clear mission – to lead the charge to dismantle economic apartheid once and for all, and our new figures not only recognize our team’s enormous dedication to this goal over the past few months, but and a serious indicator of things to come.”
Digging deeper
His business ideology is based on the belief that peer-to-peer is the only true free market in the world and that Bitcoin is the new global economic architecture ready to uplift the people of Africa, Latin America and Southeast Asia.
NoOnes biggest purchases to date are Nigeria, Ghana, Cameroon, India and the Philippinesaccruals over 400,000 users worldwide to dateand achieving profitability in less than 4 months of operation.
Despite its recent regulatory challenges, Africa’s cryptocurrency sector has continued its strong upward trajectory with Kenya, Cameroon and South Africa emerging alongside Nigeria as the continent’s most prominent players.
Zoom out
According to Google Trends data, Kenya was recently ranked among the top 15 crypto-curious countries worldwide, and Cameroon currently has an active crypto user base of just under one million, representing nearly 7% of its active population.
With South Africa’s financial conduct regulator approving licenses for crypto companies in April 2024, it is one of Africa’s most progressive countries for the industry, ranking among the highest countries in the world for cryptocurrency adoption globally.
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