SmartSend Finance Launches to Transform Remittances for Africa’s Global Diaspora

Founders Kola Bello and Olusegun Enitan Dada introduce licensed platform addressing $95B remittance market with transparency and speed
Entrepreneurs Kola Bello and Olusegun Enitan Dada today announced the launch of SmartSend Finance, a remittance platform designed to eliminate the hidden fees, delays, and unreliability that have long plagued money transfers to Africa.
The launch comes as remittances to Africa reach record levels. The World Bank reports that Africans living abroad sent home over $95 billion in 2021, with Nigeria, Ghana, Kenya, and Senegal among the largest recipients. Yet families continue to lose significant portions of these funds to excessive fees and unfavorable exchange rates.

“Every year, billions of dollars that should reach African families are lost to hidden charges and inefficient systems,” said Dada, Co-Founder of SmartSend Finance. “We built SmartSend to ensure that when our people send money home, every dollar, pound, or euro delivers maximum impact—funding education, healthcare, and small businesses that drive our communities forward.”

The platform addresses three critical pain points: transparency in pricing, speed of delivery, and reliability of service. Unlike traditional providers that embed costs in exchange rate markups, SmartSend Finance operates on transparent, affordable fees while leveraging licensed infrastructure across multiple African markets.

“Remittances aren’t just transactions—they’re a parent paying school fees, an entrepreneur receiving startup capital, a family accessing healthcare,” said Bello, Co-Founder. “We’ve experienced these challenges firsthand. SmartSend Finance was built by Africans who understand what’s at stake.”

The platform’s fully licensed operations span major corridors serving over 40 million Africans in the diaspora, with particular focus on high-volume markets including Nigeria, Ghana, Kenya, Senegal, and South Africa. The technology infrastructure enables same-day delivery to mobile wallets and bank accounts across the continent.

SmartSend Finance enters a competitive but fragmented market where traditional banks and money transfer operators have faced criticism for high costs—averaging 8-10% of transfer value according to World Bank data—and inconsistent service quality. The company positions itself as a purpose-built alternative designed specifically for the Africa-diaspora corridor.

With remittance flows projected to grow as Africa’s diaspora population expands, SmartSend Finance aims to capture market share by prioritizing user experience, regulatory compliance, and community trust.

SmartSend Finance is a licensed remittance platform serving Africans across the globe. Founded by Olusegun Enitan Dada and Kola Bello, the company provides fast, transparent, and secure money transfers to families and businesses throughout Africa.