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Nigerian social payments app shuts down crypto exchange services

Published 07/22/2023, 03:04 AM
Updated 07/22/2023, 05:00 AM

Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.

According to a statement released on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink.

Screenshot of Bundle press release statement. Source: Bundle

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