From Building to Leading: Bluebulb and the Future of Africa’s Global Payments
Bluebulb, a UK-regulated cross-border payments and treasury management firm, is transforming the way African businesses engage with the global financial landscape, enabling them to move, manage, and access funds with greater ease and efficiency. The company addresses long-standing challenges faced by enterprises across the continent.
# Bridging the Gap in African Treasury Infrastructure
For years, African businesses have been hampered by a lack of robust treasury infrastructure, complex and often fragmented regulations, and burdensome compliance requirements. While consumer remittance solutions flourished, the specific needs of businesses remained largely unmet, hindering their growth potential and global competitiveness. Bluebulb CEO and Co-Founder, Ola Daramola, experienced these challenges directly during his time at Dangote Group, Africa’s largest conglomerate and a significant player in global trade. Daramola, a First-Class Engineering graduate who previously led large-scale infrastructure projects, recognized the urgent need for a reliable and compliant solution. “Africa’s challenge was never ambition, it was the absence of trusted rails to move value with compliance and speed. That’s why we built Bluebulb,” he stated.
Bluebulb’s platform empowers African businesses to overcome these hurdles, fostering greater participation in the global economy. To date, the company has served over 2,000 business clients across 35 countries. In 2024 alone, Bluebulb has already facilitated transactions for over 800 African businesses, demonstrating its significant impact on the continent’s financial ecosystem.
Keywords
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