Fintech B2C Neobank Nigeria
Founded 2018 · 17 employees on LinkedIn · 2 known investors
Wallets.Africa provides a payment platform for creating custom payment links and transferring funds via bank transfers or cryptocurrency, including stablecoin and ether wallets. It displays crypto transactions in USD, supports airtime purchases with a FIAT balance, and offers features like document uploads and transaction monitoring.
Also known as Spring · Wallets Africa · Wallets.Africa
Investors · 2
Company profile
researched Aug 2026Wallets.Africa, presented on its website under the name Spring, operates a consumer-facing payment platform that combines digital-asset and fiat functionality in a single account. Users can create custom payment links to receive money, with payers able to settle either through traditional bank transfers or cryptocurrency. The platform also supports outbound transfers to other wallets, including sending funds to a counterparty's stablecoin account or topping up an ether wallet.
A distinguishing feature described by the company is the display of ether transactions denominated in USD, intended to give users a real-time view of on-chain activity in familiar currency terms. Account balances are stated to reflect on-chain activity, and the service includes account-management functions such as document uploads, transaction PIN resets and monitoring of transaction statuses. At the time described, airtime purchases could only be made using the fiat balance, with bank payouts noted as under consideration.
Business model
The platform provides individual account holders with hosted wallets covering both fiat and digital assets, enabling inbound collections through shareable payment links and outbound transfers to bank accounts or crypto wallets, alongside value-added services such as airtime purchases funded from the fiat balance.
▸Full profile — market position, technology, go-to-market, geography
Market position
Wallets.Africa sits in Nigeria's consumer fintech and digital-payments segment, an area characterised by intense competition and, according to industry commentary, difficult funding conditions for business-to-consumer payment providers.
Technology
The service runs on a cloud-hosted environment and integrates with blockchain networks, holding ether and stablecoin balances that are reflected on-chain while converting and displaying ether transaction values in USD.
Go-to-market
Individuals and merchants receiving payments who want a single account handling both fiat bank transfers and cryptocurrency, including cross-border or "global" use cases.
Geography
The company is associated with Nigeria and operates under the wallets.africa domain, positioning its wallet for cross-border, international use.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
▸Research sources · 5
primary sources listed
- Fintech B2C Neobank Nigeriawallets.africa · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Fintech B2C Neobank Nigeria do?
- Wallets.Africa (Spring) is a payment platform for custom payment links and transfers via bank rails, stablecoins and ether wallets.
- Who are Fintech B2C Neobank Nigeria's investors?
- Fintech B2C Neobank Nigeria's investors include Microtraction, Saviu Ventures.