Vesti Launches Element to Bank US-bound African Founders

*DALLAS, TX / ACCESSWIRE / October 2, 2023 /* Element by Vesti proudly launched its official digital banking app that allows users from other countries to open a US bank account. Designed for founders and start-ups, the app was originally launched at Lagos Start-Up Week 2023. The launch highlights Element by Vesti's commitment to empowering immigrants and fostering financial inclusion on a global scale.

Photo Credits: Baycarl Photography

The immersive experience featured an engaging keynote address by Vesti's Co-Founders, CEO Olusola Amusan and COO Abimbola Amusan, unveiling the remarkable features of the Element by Vesti app. It also featured power-packed entrepreneurial and investor panels, dynamic fireside chats, along with an interactive Q&A session. The event concluded with a networking reception, connecting global entrepreneurs, industry leaders, and visionaries all under one roof.

In the next five years, Element by Vesti aims to have five million entrepreneurs and companies utilizing the Element by Vesti app. Element by Vesti is a digital banking solution for US and Europe-bound start-ups. This new solution means that businesses can expand their reach to new markets without having to worry about location-based barriers. Element by Vesti is specifically designed for business founders, entrepreneurs, high-net-worth individuals, and global leaders with registered businesses in the United States and Europe, setting it apart from Vesti's flagship offerings, the Vesti GlobalGeng Cards (Physical and Virtual Dollar Cards), available to all Vesti account holders.

Photo Credits: Baycarl Photography

*Features of the Element by Vesti app include:*

· A remarkable "send money" functionality, enabling users to effortlessly transfer funds to US bank accounts or other US dollar-denominated accounts. This feature also facilitates Element-to-Element transfers, allowing users to send money to other Element app users using their unique usernames.
· The "add money" feature empowers users to easily deposit funds into their Element accounts using debit cards from their home countries. Users with existing US bank cards or accounts can effortlessly link them to their Element accounts. Vesti users who share the same email address for both their Vesti and Element accounts can seamlessly transfer funds from their Vesti USD wallet to their Element accounts.
· The convenience of virtual cards for smooth online transactions and physical cards for in-person purchases, generating payment invoices and creating payment links.

Photo Credits: Baycarl Photography

"Through extensive research and development, we have created a product that will truly transform the lifestyle of business owners who are North America-bound. Element brings together cutting-edge technology and user-centric design to empower our target audience with unmatched banking capabilities tailored for innovative companies. Element is like Brex for African founders that are US Bound," - *Olusola Amusan, Co-founder and CEO of Vesti.*

The Element by Vesti app is now available for download starting today on the App Store. For more details on each feature of Element by Vesti, please visit our website at https://wevesti.com/element.

*ABOUT VESTI*

Founded by two brothers who immigrated to the United States, Vesti is a company with a unique blend of African and US-based investors. It proudly hosts a vibrant community of ambitious individuals who symbolize the upcoming generation of innovators and pioneers. Specializing in tailored payment solutions, Vesti simplifies the often complex process of immigration and offers a range of financial services to those relocating to the United States and other prominent destinations across North America and Europe. Vesti envisions becoming the primary destination for legal and financial services for the next billion immigrants. The company is steadfastly dedicated to becoming the preferred platform for immigrants even before they embark on their journey, providing crucial information, fostering a supportive community, and ensuring a seamless transition for newcomers.

For more information, visit our website here.

*ABOUT ELEMENT BY VESTI*

Element is a digital banking solution that eliminates location as a barrier for businesses. With Element, businesses can open a US bank account with their native KYC, get a credit card, and start transacting from Day 1. This means that businesses can expand their reach to new markets without having to worry about location-based barriers. Element is a fast, easy, and affordable way for businesses to grow their international operations.

For more information, visit our website here.

*ABOUT THE CO-FOUNDERS*

*Olusola (Olu) Amusan*, Co-founder and CEO at Vesti, is a distinguished figure in technology and entrepreneurship. As an Artificial Intelligence Evangelist and Disruptor, he has significantly influenced the industry. Olu's achievements include training over 1000 Junior AI Experts and founding Coven Works Inc., a venture-backed by major tech players, addressing critical issues through technology. Leading VESTI, a Neobank for immigrants, Olu's impact on the migration fintech industry is profound and far-reaching.

*Abimbola Amusan*, Co-founder and COO at Vesti, is a prominent figure in Nigeria's entrepreneurial sphere, boasting exceptional achievements. With a valuation of $17.5 million, Vesti stands as a testament to Abimbola's prowess in the tech industry and immigration law. He is a member of the Forbes Business Council and also the driving force behind successful ventures like Plush Magazine, Partyvendors.com, Kings Ride, and the Bimbo Amusan Foundation, showcasing his dynamic leadership and commitment to positive change.

*MEDIA CONTACTS:*

*Country: USA*

Name: Erika Enyolu
Designation: Senior Platform/Marketing Evangelist
Company: Element by Vesti
Email: erika@wevesti.com
Phone: 469 569 1940
Website: https://wevesti.com/element

*Country: Nigeria*

Name: Ifeoluwa Ariyo-Agbaje
Designation: Partnerships and Communications Lead
Company: Element by Vesti
Email: ife@wevesti.com
Phone: +234 813 4025438
Website: https://wevesti.com/element

*SOURCE: *Element by Vesti
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