SwiftBuddy
SwiftBuddy is a Nigerian payments super-app that consolidates airtime, data, electricity, cable TV, betting top-ups, and peer-to-peer transfers into a single wallet. Its signature "gift a bill" feature lets users cover a loved one's bills without exposing private meter or smartcard numbers, and the platform supports CBN tiered KYC levels up to unlimited transaction limits.
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Individuals and businesses in Nigeria face fragmented and impersonal bill payment processes, requiring them to juggle multiple apps for airtime, data, electricity, cable, and betting top-ups. Supporting family and friends typically means copying account numbers from chats into separate apps, which is time-consuming and exposes private details like meter numbers to unnecessary sharing.
Solution
SwiftBuddy provides a centralized payments platform that brings everyday Nigerian payments into one super-app, built around the user's "people" rather than just transactions. Users fund a single wallet by card or bank transfer, then can pay bills, send money to buddies, request payments, and gift bills to loved ones without ever exposing their meter or smartcard numbers. The platform supports scheduled recurring payments, offers clean and shareable receipts that clearly mark failed or reversed transactions, and uses a tiered account system aligned with the Central Bank of Nigeria's KYC framework to scale limits as identity verification increases. A web version mirrors the app's functionality, with every sign-in and sensitive action requiring phone approval for security.
Target Audience
Primary users are individual Nigerian consumers aged 18 and above who need a convenient, unified way to pay personal bills and send money to friends and family, with a secondary audience of small businesses seeking reliable bill payment and transfer capabilities.
Features
- Unified wallet covering airtime (all four major networks), internet data plans, electricity for 11 DisCos (prepaid and postpaid), cable TV bouquets, and sports betting wallet top-ups
- Buddies feature to find users by @username, phone number, or contacts for instant, irreversible peer-to-peer transfers
- Community bill requests where users can ask a buddy for cash or a specific bill, with options to accept or decline with a reason
- Bill gifting with privacy by design
- gifters see only a nickname and masked number, never the recipient's real meter or account details
- Scheduled recurring payments for top-ups, bills, and transfers with low-balance reminders and skip without charge if funds are insufficient
- Gift card trading desk supporting Apple, Google Play, Steam, PlayStation, Xbox, Netflix, Spotify, and Amazon cards, with locked rates and instant payouts for trusted sellers
- Tiered accounts (Tier 1-3) with escalating transaction limits, capped at ₦50,000 per transaction for Tier 1 up to no limit for Tier 3
- Shares transactional data only with licensed partners (Monnify for wallet/identity, Interswitch for bills), encrypts BVN/NIN/ID data with AES-256, never stores phone contacts, and ensures atomic balance updates to prevent double spending
- Loyalty program with Bronze to Platinum tiers, referral codes, and earn points for signups and wallet funding