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As part of its expansion across Africa, Leaf Wallet has changed its name to BOSS Money

Boss Money

IDT Corporation, a global provider of fintech, cloud communications and traditional communications services, today announced that it is rebranding its African Leaf Wallet app as IDT’s flagship financial services brand, BOSS Money.

The rebranding is part of a broader initiative to leverage Leaf Wallet’s core technologies to gradually expand across Africa, enabling US consumers to send remittances directly to family and friends on the continent.

The newly branded BOSS Money wallet will continue to use Leaf Wallet’s innovative blockchain-powered technology on the Stellar Network, allowing customers across Africa to securely store, send, receive and exchange currencies on their phones at home and abroad. The wallet will continue to allow customers to access funds and transact on internet-connected phones using a USSD interface, which can be accessed via a short code and app.

The Boss Money wallet will enable customers across Africa to receive money in their local currency directly from US customers using BOSS Money app. Contributed funds can be used to purchase airtime, pay bills locally, and transfer to others BOSS Money users across Africa for free. Funds can also be withdrawn to the recipient’s bank account or mobile operator’s wallet.

“We see a huge opportunity across Africa to expand our reach and reach millions of new customers with BOSS Money portfolio and enable our current and new customers to connect with their family and friends in the U.S.,” said Nat Robinson, Leaf CEO.

Newly renamed BOSS Money The app is now available for download in Kenya, Uganda and Rwanda and will soon be available in Nigeria, Ghana, Zambia and Tanzania.

BOSS Money will enable U.S. customers to safely send money in seconds, like a local, to family, friends and loved ones across Africa. Recipients of funds can use their own BOSS Money wallet to be able to choose how, when and where to access these funds,” said Grace Anyetei, regional director of operations for IDT based in Nairobi, Kenya.

Distributed by APO Group on behalf of Boss Money.

About IDT:
IDT Corporation (https://www.IDT.net/) is a global provider of fintech, cloud communications and traditional communications services. We help families share, communicate and support each other across international borders. We also enable companies to transact and communicate with customers through increased intelligence and insight.

Our National Retail Solutions (NRS) network of outlets ( https://NRSplus.com/ ) enables independent retailers to more efficiently serve and process transactions while providing advertisers and consumer marketers with unprecedented reach in underserved consumer markets. Our BOSS Money (https://bit.ly/3HJUxs3) and mobile top-up (https://bit.ly/3RGhj8T) international money transfer services offer convenient and reliable money transfers. Our BOSS Revolution calling service (https://bit.ly/3DT3a2l) provides reliable voice and messaging around the world. net2phone (https://www.net2phone.com/) unified communications and contact center solutions provide businesses with intelligently integrated tools for cloud communications and collaboration across channels and devices. Our IDT Global (https://IDTglobal.com/) and IDT Express (https://www.IDTexpress.com/) wholesale offerings enable communications services companies to provide and manage international voice and SMS services.

All statements above that are not statements of historical fact, including, but not limited to, those using the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar words statements are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although these forward-looking statements reflect our current assessment of what may happen in the future, actual results may differ materially from the results expressed or implied in these statements due to many important factors. Our filings with the SEC contain detailed information about such statements and risks, and you should read them in conjunction with this release. To the extent permitted by applicable law, IDT assumes no obligation to update any forward-looking statements.