Feather Africa

Feather Africa operates as a social mobile money marketplace, creating a network that connects users with nearby merchants for financial transactions. The platform's core service allows users to withdraw cash from verified local merchants, such as mom-and-pop shops and other stores, without needing to visit a traditional banking hall or ATM. This service is designed to make cash more accessible, especially in areas with limited banking infrastructure.

Through its digital wallet, Feather Africa provides a suite of financial services. Users can send money to other Feather users and to any Nigerian bank account. The platform also facilitates bill payments for utilities like water and electricity. Additional features include the ability to fund the wallet through various methods and obtain free cash accounts from VFD. The application incorporates a chat function, allowing users and merchants to communicate for free.

The company emphasizes security through industry-grade encryption for all transactions. Based in Ikeja, Lagos, Nigeria, the platform aims to simplify money movement and provide convenient financial solutions for its user base. While PitchBook has marked the company as 'Out of Business' as of late 2024, the company's website and other activities from 2022 suggest a period of active operation and customer engagement. Keywords: mobile money, cash withdrawal, agent banking, peer-to-peer payments, digital wallet, financial services, fintech, Nigeria, money transfer, bill payments, merchant network, P2P lending, cash access, mobile payments, African fintech, financial inclusion, digital banking, payment gateway, social payments, local merchants