As the demand for remote work continues to rise across Africa, freelancers and digital workers what are the steps i need to take to build a trading bot with indicators
are seeking reliable ways to receive international payments. This is where Raenest steps in, a financial platform built specifically for African freelancers, remote teams, and startups to get paid globally, faster and more securely.
In this beginner’s guide, you’ll learn exactly how Raenest works, what makes it ideal for freelancers in Nigeria, Ghana, Kenya, and beyond, and how you can start using it to receive payments from international clients.
What is Raenest?
Raenest is a digital finance platform designed to help African remote workers and freelancers manage their international payments with ease. With Raenest, users can:
- Open virtual USD, EUR, and GBP accounts
- Receive payments from platforms like Upwork, Fiverr, Deel, and Payoneer
- Create virtual dollar cards for online payments
- Withdraw earnings to local bank accounts
- Manage invoicing and track transactions
The platform is fully digital and aims to simplify the financial processes that often hinder African freelancers from competing globally.
Why African Freelancers Choose Raenest
Here are some of the major reasons why thousands of freelancers across Africa trust Raenest:
1. Virtual USD, GBP & EUR Bank Accounts
Raenest provides you with foreign currency bank accounts without needing to travel abroad. You can use these accounts to receive payments from global clients, employers, or freelance platforms.
2. International Payment Support
Raenest supports seamless transfers from:
- PayPal
- Payoneer
- Wise
- Deel
- Upwork & Fiverr
This makes it easy for African freelancers to connect with their preferred payment platforms.
3. Virtual Dollar Cards for Online Spending
Need to pay for tools like Canva, ChatGPT, Adobe, or web hosting? Raenest allows you to create virtual dollar cards to make international online payments without restrictions.
4. Favorable Exchange Rates
Unlike traditional banks that charge exorbitant fees or offer poor FX rates, Raenest gives competitive exchange rates, so you retain more of your hard-earned money.
5. Instant Withdrawals to Nigerian Bank Accounts
Raenest allows users in Nigeria and other supported countries to instantly withdraw funds to local bank accounts. It’s fast, secure, and reliable.
Step-by-Step: How Raenest Works
Step 1: Sign Up for a Raenest Account
Visit www.raenest.com and click on “Get Started”. You’ll need to enter your:
- Full name
- Email address
- Country of residence
- A secure password
Once registered, you’ll receive a verification email.
Step 2: Verify Your Identity (KYC)
Raenest requires users to complete Know Your Customer (KYC) verification. You’ll need:
- A government-issued ID (e.g., National ID, Passport, Driver’s License)
- A selfie for facial verification
- Possibly a utility bill or bank statement for address confirmation
KYC is essential to keep your account secure and compliant with financial regulations.
Step 3: Generate Your Virtual Bank Account
After verification, you can request a virtual USD, GBP, or EUR account. Raenest partners with licensed banks in the U.S. and Europe to provide these accounts.
Once approved, you’ll get:
- Account number
- SWIFT code
- IBAN (for EUR/GBP)
Step 4: Receive International Payments
You can now receive payments from platforms like:
- Upwork & Fiverr (connect via Payoneer)
- Deel (for remote employees or contractors)
- Stripe or Wise
- Direct clients (via wire transfer)
Funds are typically reflected within 24–48 hours.
Step 5: Withdraw to Your Local Bank Account
Once the money hits your Raenest account, you can:
- Convert it to local currency
- Withdraw to your Nigerian Naira bank account or others depending on your country
Raenest ensures fast processing, often within minutes.
Step 6: Create a Virtual Dollar Card (Optional)
Want to pay for online services? Use Raenest to:
- Generate a virtual Mastercard or Visa card
- Fund it from your USD balance
- Use it for online subscriptions or software
Raenest Pricing & Fees
Raenest is free to sign up and charges low transaction fees. Key costs include:
- Card funding fee: Small percentage on virtual card loads
- Withdrawal fee: Varies by country and amount
- FX conversion fee: Included in exchange rate
There are no hidden charges, and everything is clearly stated in your dashboard.
Is Raenest Safe and Legit?
Yes, Raenest is a legit fintech company registered in Nigeria and works with regulated banking partners in the U.S. and Europe. They use advanced encryption, biometric logins, and real-time transaction alerts to secure your funds.
Thousands of freelancers in Nigeria, Ghana, Kenya, and South Africa already trust Raenest for their freelance income.
How to Contact Raenest Support
If you have questions, you can reach Raenest via:
- Email: support@raenest.com
- In-app live chat
- Social Media: Twitter, Instagram, and LinkedIn
Their support is available during working hours and is known for quick resolution times.
Final Thoughts: Should You Use Raenest?
If you’re an African freelancer, remote worker, or startup looking for:
- A free virtual USD account
- Fast, low-fee international payments
- A secure and user-friendly dashboard
- Access to virtual dollar cards
…then Raenest is a smart choice. It’s tailor-made to help you manage your money, get paid from global clients, and spend internationally, all from your phone.