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eDir

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Cross-border payments wallet enabling seamless money swapping via USSD.

Overview

eDir operates as a cross-border payments wallet, focusing on facilitating money transfers between USSD wallets through its mobile application. The service targets individuals who use USSD wallets for financial transactions. eDir emphasizes aspects such as simplicity, privacy, integrity, and security in its operations. The platform has reported a significant volume of transactions and a considerable user base, suggesting its market acceptance. eDir is registered with the Somali Federal Government and authorized by the Central Bank of Somalia, which positions it as a regulated service provider addressing the challenges of connecting USSD wallets.

Key facts

Founded
2019
Headquarters
Mogadishu, Somalia
Sector
Payments

Business model

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About eDir

What does eDir do?

eDir operates as a cross-border payments wallet, focusing on facilitating money transfers between USSD wallets through its mobile application.

Where is eDir headquartered?

eDir is headquartered in Mogadishu, Somalia.

When was eDir founded?

eDir was founded in 2019.

Which sector is eDir in?

eDir operates in Payments, part of Financial Technology.

Who are eDir's competitors?

Companies similar to eDir include Ceyron Finance, e& money, and GoFree.