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Abela

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Wallet-enabled remittance solution simplifying financial management and transactions.

Overview

Abela is a remittance solution that incorporates a wallet feature, designed to assist users in managing their finances through a single application. The platform offers several products, including a debit card, and allows users to make payments for services such as airtime, electricity, water, and DSTV directly within the app. It targets individuals who aim to simplify their financial transactions by providing the option to open a free account, manage funds, and split bills. The app includes security measures such as encryption and real-time notifications to help users address the challenges associated with financial management.

Key facts

Founded
2020
Headquarters
Germany
Sector
Payments

Business model

Contact

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About Abela

What does Abela do?

Abela is a remittance solution that incorporates a wallet feature, designed to assist users in managing their finances through a single application.

Where is Abela headquartered?

Abela is headquartered in Germany.

When was Abela founded?

Abela was founded in 2020.

Which sector is Abela in?

Abela operates in Payments, part of Financial Technology.

Who are Abela's competitors?

Companies similar to Abela include M2U Money, UfitPay, and Pakaidonk.