Mular is a financial platform enabling Nigerians to receive payments, save in USD, make instant Naira transactions, and trade cryptocurrency. The platform aims to provide accessible and versatile financial tools for users in Nigeria.
Funding
Funding not disclosed
Founders
Product
Problem
Nigerians face challenges in accessing versatile and reliable financial tools for receiving payments, saving in stable currencies like USD, conducting instant Naira transactions, and participating in cryptocurrency trading, often relying on P2P systems with inherent risks. Traditional methods can be slow, expensive, and lack the seamless integration needed for modern financial management.
Solution
Mular provides a platform designed to streamline financial activities by enabling users to receive payments in cryptocurrency, save in USD, make instant Naira transactions, and trade cryptocurrency. The platform allows users to fund their wallets with Naira or by transferring crypto such as USDT, BTC, ETH, SOL, and BNB from other wallets. Mular facilitates instant crypto-to-cash conversions, with on-chain transactions reflecting in a linked bank account in under 99 seconds. By offering high-speed conversions and transparent pricing, Mular aims to eliminate the risks associated with P2P transactions, providing a secure and efficient way to manage digital and traditional currencies.
Target Audience
Mular targets crypto users, freelancers, business owners, and individuals seeking to protect their savings or conduct international transactions.
Features
- Multi-currency support: Transact in NGN, USDT, BTC, ETH, SOL and BNB.
- Instant cryptocurrency conversions to Naira, with speeds of under 99 seconds.
- Wallet funding via Naira, USDT, BTC, ETH, SOL, and BNB transfers.
- Real-time conversion rate calculator.
- Referral program that rewards both referrer and referee.
- Compliant with financial regulations, ensuring secure transactions.
- Bank-grade encryption and security measures to protect funds and data.
- USSD codes for various Nigerian banks.