A mobile app for Nigerian consumers to convert crypto and gift cards to Naira, pay airtime, data, electricity, cable TV, and betting, and create virtual cards.
Favex is a mobile app for consumers, primarily in Nigeria, who want to convert cryptocurrency and gift cards to local cash, pay everyday bills, and create virtual cards from one wallet.
Key capabilities include:
Available on Android and iOS.
Favex targets B2C users who frequently cash out crypto or gift cards to Nigerian Naira, and who prefer paying utilities directly from the same balance used for trades.
In a market where speed of settlement and support matter, the product highlights 24/7 customer support and security controls such as encryption, 2FA, and real-time fraud monitoring. Favex also cites 50,000+ active users and includes an in-app rewards program (listed as “How to Earn Reward”).
As of Jun 29, 2026, Favex is rated 4.4 on the App Store from 611 reviews and 4.3 on Google Play from 501 reviews with 10K+ installs.
DD Dave found 1 key person at Favex, including 1 C-Suite. See how we get product data
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