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Send Us A DM on 08146586013!!!!!!!!!

If you’ve ever tried sending funds to any African country as an exporter or importer, you would know that the struggle is very real. Nothing is humbling like having money and can’t spend it (I know this gave my Nigerian brothers PTSD).
In this blog post, I will remind you what life used to be, and what life can be and I will connect both with Brydge (Pronounced- Bridge).

Cross-border payment is an integral part of international trade or international payment, facilitating the movement of goods and services between countries. Today in Africa, cross-border payment presents a unique set of challenges that impact the region’s trade and commerce. This blog will explore some of the challenges merchants face and also highlight what could be.

E-wallet plays an important role in import and export by providing a fast, secure, and efficient payment system that can facilitate international trade transactions. Brydge wallet is a well-mapped-out infrastructure and medium to ease cross-border payments, not just for merchants but also for individuals.
I know you are wondering what Brydge wallet is offering. Wonder no more!!!
This is a multicurrency wallet that offers Merchants and Individuals a medium for cross-border transactions with currencies like USD, EUR, GBP, NGN, KES, GHS, and lots more.
Brydge wallet allows importers to send Kenyan shillings( KES) to their suppliers in Kenya.
Importers/Exporters can also pay for their freight using Brydge’s USD service.
Exporters can receive USD/EUR/GBP in their wallets to enable them to pay their local suppliers.

Importers can send Nigeria Naira (NGN) to KES and USD and exporters can receive NGN from anywhere, crazy right? I thought so too.
Instant currency conversion.
B2B payments are made easier with the Brydge wallet.
Not just that, Our wallet is safe and secured with end-to-end encryption, safeguarding your financial details, and are held in trust with Deposit banks in Nigeria and other countries.
Brydge wallet users can sell from anywhere in Africa and receive international payments into their wallets or local bank account.
Brydge is not a bank but provides a fund management system for merchants.
Bank accounts are provided by Providus, WEMA, and FCMB Bank PLC — licensed and regulated by the CBN & money is duly insured by NDIC.

Do you know what’s crazier than having funds and not being able to use them? not sign up for our waitlist. Nothing would explain why, what are you going to tell your suppliers? ‘Suffer no dey tire you?’ (just joking) Click here to sign up, it takes only 2 minutes.

https://airtable.com/shrKaWmF3EGnEK0bU


TO Read More

https://medium.com/@brydgehq/navigating-cross-border-payments-for-import-and-export-in-africa-7d581abaea2

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Hi, My name is Kosisochukwu Nathan Agama, I am the Co-founder and Product Manager at Brydge. We built Brydge to solve a problem Henry and I had encountered first-hand. During the course of 14 months, We’ve gone on to invest over ₦200 million in four (4) Africa countries. From Export, import and supply. Ranging from rice padding, Gum Arabic, Sisal Fibre and Cowhides. But, it came with a price.

The aim of this article is to

Share why we started Brydge.
Shed Light on issues facing Merchants, Funders and Institutions in global trade.
And, get you on the winning team (if you are done reading and you don’t find a reason to join us, I will refund your internet data).
Backstory
In 2021, my plan was to travel around the world and experience all of its differences. I had just finalized my plans to leave Nigeria (After End SARS) and start my Master’s in Business Development on a full-ride scholarship. Hence i saw it as an opportunity to explore Europe.

My friend, Henry, was already in the export/import business. He was bringing Sisal from Kenya into Nigeria. We always spoke about different things pertaining to businesses. And I think at the time, I was looking to launch Green Mustard, but that never saw the light of day. (But I digress, stay with me).

One faithful evening, I went to his house, and this was what our conversation was like. And I’d like to think that if you are from Nigeria or you’ve ever done business with Nigerians you will be able to relate to this conversation.

After alot of “You dey shine oo”, “Na my Oga, you be”, “God, I dey see wetin you dey for others oo’…. “Mmadu ka ibu”… Praises and wash.

Henry: My guy, I bring in Sisal fibre (Sponges) from Tanzania and Kenya, it is used for facades and ceiling decor, (Nigerians call it POP).

Me: Oh wow, how is it?

Henry: Very Lucrative, you will make a 50% return.

Me: Ehh?? 50%? (Now sitting up from my slouched position to hear the figures).

Henry: Yes…. It takes 2 to 3 months to get into Nigeria, and I sell out in 2 days.

Me: Omo… I need to join you too. I’m leaving Nigeria in a few days, and I have some funds that I won’t be using for another few months.

Henry: Oh! Good. Let’s put one container in.

And that was it. Right there, I wired my first payment and sent the rest in 3 days. No official Paperwork, No checking his financials, Nothing. I would later find out that the 2–3 months would take 7 months (No fault of his) and that it wasn’t 50% ROI. *ojukokoro*- It means long throat, loosley translated.

The business was legit and fantastic, but Henry is a middle-aged guy with lots of moving parts, so he didn’t also account for all the moving parts — no account for logistics delay, supplier delay, change in Fx rate (at one point we exchanged at #890 to a $$$, time to clear from the port, other contingencies, plus no documentation process — of the business when he pitched them to me. It was frustrating cos, everything was happening all at once.

We got to sell the goods and alot of math wasn’t ‘mathing’. And since we did lots of transactions out of pocket, bookkeeping or accounting came to mind last minute. We were already neck deep in invoices, receipts, and reconciling FX and funds transferred. It took some level of trust and restraint to get us through those periods.

Our mutual friends saw that the business was viable and even offered to pay for containers so we could help them manage it, but we refused. Considering how everything was happening, we needed a system that allowed us do most of these things or plugged the moving parts so it made sense.

First Move

We had also accepted a deal flows like rice padding supply and exporting gum arabic to dubai and had funded those as well. Because of the randomness to the way we sent money we needed a central wallet and the best we could come up was registering a company. We syndicated deals and it made sense that our company would help us do that, boy, where we wrong.. We registered a syndicate-powered firm for Trade called Compound Capital, this would allow us to invest in various deals as a company. But it didn’t help. Because, as much as we were now a registered entity with a central wallet, the needed framework and infastructure was lacking. We needed a platform that would help us manage our multiple investors and consolidate their funds, we also wanted to streamline our operations from bookkeeping, accounting, contracts and documentation. Finally, we needed a wallet/payment that was truly bordeless and understood our needs as mid-market merchants and traders. We found none.
Hence Brydge
In November 2022, I decided to build a tool for people like us, having understood what we lacked.

Hence, we reimagined Brydge. Our first approach to Brydge was to help Africans create syndicates, register SPVs (Special Purpose Vehicles) or standard contracts, and carry out deal flows. Our use case resolved around commodity trading, supply contracts and non-oil exports. However, we soon found that to be flawed.



TO Read More Go to the Article below

https://medium.com/@insidebrydge/why-we-started-building-brydge-for-merchants-and-funders-in-global-trade-9eeafe97c596

We have your back at Guven
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Locations
IDU
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“Mehn, I really don’t have 200m to be thinking of real estate, when I gather money I will come.

Nobi who dn chop they do real estate? Abeg oo. Na only 5M I get, make I chop my money.

Me kee? Buy land for lagos? Lol, make omonile use me shine? Abeg oo. If ehm pass my village and my state, don’t bother.

I’ve not really thought about real estate, how do I start.

Ehm, I’m not looking to live that far, why I go buy house for there?”

If any of these is you, then you need to book a one-on-one session with an investment advisor, ask all the questions and receive the clarification about real estate you’ve been craving.
Note: We can only accommodate 10 individuals per day.

Consultation is absolutely free. @guvenrealtyng, we absolutely can’t wait to meet you.

After the claims by news site Point blank news, Vice Chancellor of the University has released a press statement refuting those accusations.
He also demanded a letter of apology from the news site and the university legal team is mulling over taking legal action over those rumors.

https://pointblanknews.com/pbn/exclusive/fbi-investigates-buharis-aide-over-10-5million-wire-fraud-n1-7billion-in-safe-keep-at-gregory-university/

KWIKBIZ NG an online business directory is looking for people who want to make some side incomes and work part time as an affiliates for our directory which is launching soon
If you are interested please email kwikbizng@gmail.com for more details Message us on instagram @kwikbizng