Banking and Finance

Gigbanc: Virtual Accountant, Exchange Rate, How it Works, Fees and More

Here's everything you need to know about Gigbanc, how to create an account, the exchange rate, and how to receive money from abroad using the app.

Gigbanc: Virtual Accountant, Exchange Rate, How it Works, Fees and More

Gigbanc is a fintech company, a digital bank, and a neobank for Nigerian entrepreneurs, remote workers, creators, and freelancers. It helps them to facilitate inward remittance into their Nigerian bank accounts from foreign clients and businesses. The company was established in 2023 by Paul Omoregie Okundaye and Babatope Oni . They headquartered it in Lagos with a U.S. presence in Delaware. Paul, an MBA from Harvard and Ivey Business School, serves as the company's co‑founder & CEO, and Babatope, an engineer trained at Obafemi Awolowo University, serves as the company's co‑founder & CTO. Paul was a former employee at Bain & Company (digital banking strategy) and Microsoft (growth strategy and product entry). Babatope Oni previously held engineering leadership roles at FairMoney and Gokada before helping launch the technical infrastructure of Gigbanc. Gigbanc is built for African freelancers and digital professionals. The company offers a one-stop financial app that su…

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Temmy is the founder of Budgetrend. He is a seasoned journalist with extensive experience in business of technology, economy, finance, business, money, politics and education. He is currently studying Accounting at the Federal University of Oye-Ekit…

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