Juicyway is a financial technology platform designed to simplify global payments, with a specific focus on connecting African individuals and businesses to the global economy.
Founded in 2021 by Ife Johnson and Justin Ziegler, it serves as a "borderless" banking and payment solution that bridges the gap between local African currencies and international markets.
What it Does
Juicyway provides a multi-currency ecosystem where users can manage both traditional "fiat" money and digital assets. Its core features include:
Multi-Currency Accounts: Users can open local and international bank accounts (e.g., USD, GBP, EUR, CAD, and NGN) to receive and hold funds like a local.
Cross-Border Payments: It enables fast, low-cost international transfers. It is designed to be as simple as a local bank transfer, bypassing the traditional 4–7 day wait times of standard international wire transfers.
Currency Exchange: A proprietary exchange engine allows users to switch between currencies (including stablecoins like USDT and USDC) at real-time market rates.
Business Tools: They offer "Merchant of Record" (MoR) services, helping businesses handle global sales, tax compliance, and payouts to vendors or contractors worldwide.
Key Highlights
Crypto Integration: Unlike many traditional banks, Juicyway allows you to move money between fiat and cryptocurrency (Bitcoin, Ethereum, and stablecoins) within the same app.
Scale & Trust: Since its launch, it has processed over $2 billion in transactions and serves thousands of customers, including major African startups like PiggyVest, Bamboo, and Bolt.
Licensing: They hold several regulatory licenses, including IMTO and PSP licenses in Nigeria, and are registered as a Money Service Business (MSB) in Canada and the United States.
Who is it for?
Freelancers & Creatives: To receive payments from international clients in USD or EUR without high bank fees.
Importers & Businesses: To pay foreign suppliers and manage liquidity across different countries.
The Diaspora: For sending money home to Africa (Nigeria, Ghana, Kenya, etc.) quickly and at better exchange rates than traditional remittance services.
If you have further questions or need additional assistance, please feel free to reach out to our support team. We're here for you and ready to assist.