Fintech Startup Timon Hits 100,000 Users and Expands to Kenya
Timon was founded to spare Africans the frustration of card failure abroad. Now the fintech startup has crossed 100,000 users and launched operations in Kenya. The company doubled its signups from 50,000 to 100,000 in six months. A redesigned referral programme drove 900% more referrals. Nigeria, Kenya, Ghana, and South Africa are its largest markets. Backed by global accelerator Alliance, Timon has processed over $34 million in transaction volume. Roughly 70% of funds flow through stablecoins as users seek protection from naira and shilling volatility. Timon calls itself a financial passport. Users can fund wallets with local currency, dollars, or stablecoins. They get virtual and physical cards, cross-border transfers, local payouts, and global eSIM services. Airport card pickup ensures travellers get ready-to-use cards before departure.
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