A financial technology (fintech) company with operations in Nigeria, Cleva, says it paid out nearly $50,000 in referral bonus to its customers in 2024.
This information was revealed in a note from the company’s co-founder and chief executive, Ms Tolu Alabi.
Cleva is a firm co-founded by Ms Alabi and Mr Philip Abel in 2023. It offers US-based bank accounts to people and companies in Africa.
The company has been the darling of African freelancers as the world tilts towards remote work.
Business Post gathered that in 2024, Cleva started with about 11,000 customers but ended with more than 300,000 customers because of its wide acceptance on the continent, particularly in Nigeria.
“Thank you for trusting us with your salaries and money. Thank you for your feedback to help us improve our product and better serve you. Thank you for your positive reviews on social media. Thank you for sharing Cleva with your friends and family. Thank you for all of it,” Ms Alabi said in the statement.
She expressed the commitment of the organisation to “building the best USD banking platform for Africans,” revealing that in 2025, “We’re taking your Cleva experience to the next level. We’ll provide more ways to receive payments and earn on Cleva.”
She listed these as Naira accounts for NGN top-up, reduction in fees, invoices, improved 2-factor authentication, support for new currencies, USD savings, improvements to USD cards, business accounts, upgrade to all USD accounts and no pending ACH deposits.