The enhanced digital wallet, designed to be user-friendly, now allows individuals to use USDC, a stable cryptocurrency, on the Stellar blockchain to purchase hundreds of different gift cards from various merchants across numerous countries. In addition to gift cards, users can now easily top up their mobile phones directly through the wallet.

We’re focused on making cryptocurrency useful in daily life. This upgrade empowers users to use digital assets for real-world essentials—like buying groceries or adding credit to their phones.” Anthony Barker, co-founder of BP Ventures.

Bridging the Gap in Africa

The Freedom Development Foundation (FDF) is a UK-based charity supporting communities in The Gambia and Tanzania.  They are using the self-custodial wallet solution provided by BP Ventures to further its mission. By integrating gift cards and mobile top-ups, the initiative aims to bridge the gap between traditional financial systems and the burgeoning digital economy in Africa.

The partnership with zendit.io leverages their expertise in digital services to provide a seamless experience for users. The integration aligns with the increasing trend of mobile money adoption in Africa, where, in 2023, 237 million active accounts processed transactions worth $919 billion.

“We believe that by integrating gift cards and mobile top-ups with Stellar-based cryptocurrency transactions, we’re creating a link between traditional and digital finance that is particularly relevant in Africa,”

explained Barker. He noted that in countries like Kenya and Nigeria, mobile payments are rapidly gaining popularity, with a significant portion of internet users regularly using their mobile phones for transactions.

This initiative by BP Ventures and the Freedom Foundation represents a practical step toward expanding financial inclusion and providing valuable resources to communities in need.

About the Organizations

• BP Ventures LLC, an official Stellar integration partner and Circle Alliance Member, is dedicated to developing innovative blockchain solutions that bridge the gap between traditional finance and cryptocurrency, creating practical applications for everyday use.
• The Freedom Development Foundation (FDF) is a UK-based charity focused on supporting communities in The Gambia and Tanzania.
• zendit.io: Part of IDT Corporation, zendit.io provides a unified platform offering micropayments, ready to be integrated into your mobile or web application.

Contact: support@bpventures.us | hello@zendit.io

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