LAGOS, Nigeria. February 11th, 2026
SurgePay today announced its official launch as “The Complete Money Platform for Global Africans”, the only integrated solution enabling users to receive, hold, send, and spend money across borders without the friction, fees, and delays that characterize traditional finance. SurgePay’s guiding principle is simple: “Money should just work.” The one money platform eliminates the need for multiple fragmented solutions, consolidating all international money needs into one seamless experience.
The timely advent of SurgePay directly addresses the $95 billion African remittance market and serves three core user segments: global earners (freelancers, remote workers earning foreign currency), diaspora supporters (Africans abroad funding family operations back home), and cross-border professionals (traders and entrepreneurs operating across multiple African markets). Current market data indicates over 4.8 million Nigerians alone earn in foreign currency, while an estimated 40 million strong diaspora population actively supports family and business interests across the continent.
Key Features:
• Multi-currency support (7+ currencies, expanding to 10 supported countries)
• Stablecoin-to-Naira conversions, eliminating P2P trust risks
• Bank-grade encryption and security protocols
• Sub-1-minute transfer times
• No hidden fees; transparent pricing displayed upfront
• Local withdrawal access in supported markets
• Intuitive interface designed for varying technical literacy levels
“When money moves freely, opportunity flows freely.”
“Every time someone uses SurgePay, a freelancer keeps more of what they earn. A family receives support faster and with less cost. A business operates more efficiently across borders,” said Abiola E. Ekotson, spokesperson of SurgePay.
The African fintech landscape is fragmented. Users currently cobble together multiple applications; one for remittances, another for holding USD, a third for payments. SurgePay eliminates this friction by consolidating the complete money experience into a single, unified platform, thereby enabling users to manage all their money needs in one place with consistent, seamless experience. The addressable market includes 5 million Africans earning foreign currency, 2 million active cross-border business operators, and over 1 million diaspora members across major global hubs.
About SurgePay
SurgePay is a stablecoin-first, borderless money platform designed to simplify cross-border finance. By combining USD-denominated stablecoins with local African on- and off-ramps, SurgePay enables Africans and the global diaspora to earn, save, send, convert, and spend money instantly, avoiding the delays and friction of traditional banking.
The platform bridges global digital-dollar infrastructure with local financial systems, delivering fast, transparent, and reliable money movement across borders.
SurgePay is backed by the Stellar Community Foundation and Base, reinforcing its commitment to compliant, blockchain-powered financial infrastructure for emerging markets.
Learn more at surgepay.tech.
Media Contact:
Abiola E. Ekotson,
Communications SurgePay
media@surgepay.com
+234 816-357-8396
