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MSTRpay nears landmark deal in Senegal for national rollout of Microloans and full banking services

2025/05/20/15:47
in MSTRpay
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MSTRpay nears landmark deal in Senegal for national rollout of Microloans and full banking services
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Dakar, Senegal – May 19, 2025

MSTRpay, the fast-growing Bitcoin-based financial super app, is in advanced negotiations with a leading local bank in Senegal to launch its first national rollout of microloans and banking services — marking a major step in its mission to redefine access to financial tools across emerging markets.

If finalized, the agreement will establish Senegal as MSTRpay’s first fully active country, with users gaining access to secure digital wallets, seamless payments, and affordable microloan options designed for everyday needs and small business growth.

“We’re excited to take this step with a trusted institution in Senegal,” said a senior executive at MSTRpay. “Our goal is to empower individuals and entrepreneurs across Africa with easy, mobile-first access to capital and financial services — starting here.”

The pilot is expected to provide thousands of users with access to formal financial tools for the first time, particularly targeting underserved communities and informal economies.

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While the partner institution remains confidential for now, sources indicate the deal is in its final legal and compliance stages, with a formal announcement expected in the coming weeks.

Senegal will serve as a launchpad for MSTRpay’s broader expansion across Africa, the Caribbean, and Southeast Asia, with additional country-level partnerships currently under review.

About MSTRpay:

MSTRpay is a global financial platform built on Bitcoin and designed for the 1.8+ billion unbanked and underbanked individuals in emerging markets. Offering payments, digital wallets, and financial empowerment tools via mobile devices, MSTRpay is on a mission to build the most inclusive fintech ecosystem in the world.

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