Africa’s digital economy is expanding quickly, but financial access remains fragmented. Everyday users often juggle multiple apps just to handle basic needs, one for crypto, another for gift-card redemption, a separate wallet for bills, and airtime. For businesses, managing crypto payments alongside fiat systems can be equally chaotic.
This lack of integration costs time, money, and trust. Many platforms focus narrowly, either on cryptocurrency trading or remittances, without addressing the larger problem of creating a seamless, all-in-one ecosystem for digital finance. Jeroid positions itself as the answer to this gap.
What is Jeroid?
Jeroid is a Nigerian fintech platform that combines cryptocurrency trading, gift card redemption, bill payments, and wallet services under one roof. Founded in 2017, it has grown from a WhatsApp-based exchange into a structured International Organization for Standardization (ISO)-certified company with a fast-growing user base across Nigeria.
Think of it as a digital finance super-app: a place to swap Bitcoin, redeem your Amazon gift card, pay for electricity, and top up data, all within a secure, audited, and user-friendly platform.
Jeroid aims to make digital finance more trustworthy, accessible, and practical for Africans navigating the transition between fiat and crypto.
The Jeroid Solution
Jeroid solved the problems of fragmentation, inefficiency, and low trust by combining critical services in one secure platform:
- Unified Platform: Instead of juggling multiple apps, users can trade, redeem, and pay bills all in one place.
- Operational Trust: Jeroid is the first Nigerian crypto company to earn ISO 9001:2015 certification, a global quality standard that enforces transparency, risk management, and continuous improvement.
- User Protection: Its custodial wallet uses multi-party computation (MPC) with two-factor authentication, ensuring asset security.
- Daily Relevance: By integrating bills and airtime, Jeroid expands crypto utility from speculative trading to everyday financial life.
This holistic design makes Jeroid more than a trading app; it’s an infrastructure for financial convenience and confidence.
Features of Jeroid
- Crypto Trading & Wallet
Buy, sell, send, receive, and swap Bitcoin, Ethereum, Tether, BNB, and more. Users benefit from custodial MPC wallets and enforced 2FA. - Gift-Card Redemption
Convert gift cards from Amazon, Apple, Steam, and RazerGold into naira instantly, with transparent rates and guaranteed payouts. - Bill & Airtime Payments
Top up airtime, buy data, and pay utility bills—often at discounted rates—without leaving the app. - Conversion Calculator
Real-time fiat-to-crypto and crypto-to-fiat rates give users price clarity before making trades. - Corporate Solutions
Businesses can integrate crypto into their operations through Jeroid’s enterprise services, bridging B2B adoption gaps.
Adoption and Market Reach
Jeroid’s growth figures highlight strong product-market fit:
- 200,000+ registered users
- 120,000+ active users
- 200,000+ app installations
- Monthly trade volume is near $10 million
- Version 2 of the app drove a 1,500% increase in trade activity compared to Version 1
Regulatory Standing and Compliance
Jeroid’s ISO 9001:2015 certification sets it apart from other regional fintechs. It signals a willingness to be audited, to document processes, and to adhere to international quality standards.
In a Nigerian crypto market often shadowed by regulatory uncertainty, this move strengthens Jeroid’s credibility with users, partners, and regulators. It frames the company as not just a startup chasing adoption but as a disciplined organisation ready for long-term growth.
At its core, Jeroid operates on five principles: innovation, integrity, customer-obsession, teamwork, and responsibility. This philosophy informs both product design and customer support. The company positions itself as a partner to users, not merely a service provider, reflecting its belief that financial platforms must empower, not exploit.
Achievements and Recognition
- ISO 9001:2015 certification – a Nigerian crypto sector first.
- Named among BusinessDay’s Top 25 CEOs and Top 100 SMEs in 2019.
- NextBulls Award to founder Jeremiah Mayowa for leadership and resilience.
- Over 101,000 users gained on Version 2 within a year, proving adoption momentum.
Final Thoughts
Jeroid is more than a trading platform, it’s a structured, quality-assured ecosystem for digital finance in Africa. By combining crypto trading, gift-card redemption, and bill payments, it solves real pain points for users who don’t want to juggle five apps to manage their money.
Its service-first, token-free, compliance-driven approach gives it an edge in a sector where hype often overshadows sustainability. The challenge ahead is scaling beyond Nigeria while preserving its operational discipline.
