Dantown Processes $18 Million Through Referrals as It Expands Beyond Crypto Exchange

Dantown has announced that more than $18 million in trading volume has been processed through its referral network, highlighting the growing role of community-led growth in Nigeria’s fintech ecosystem.

According to figures released by the company, the programme has paid out over ₦20 million in referral rewards to more than 550 users, with the highest individual earner withdrawing over ₦4.4 million in commissions generated through their network’s trading activity.

The figures reflect a broader shift across the fintech industry, where referral ecosystems are increasingly complementing traditional customer acquisition channels by rewarding users for recommending products they already trust.

Unlike conventional referral programmes that offer one-time sign-up bonuses, Dantown’s model enables users to earn continuously from the trading activity of their network, creating a long-term incentive structure for both the business and its community.

According to Dantown CEO, Chimene Chinah, the milestone reflects the level of trust the company has built with its users over the years.

“Our referral programme is one of the ways our community shares in the value they help create,” he said. “The transaction volume and user participation we’ve seen reinforce the trust customers have placed in Dantown and the strength of the platform we’ve built.”

The milestone comes as Dantown continues executing its long-term vision of expanding beyond crypto trading into a global neobank.

According to the CEO, its next phase will enable customers to receive global payments, send cross-border payouts, use virtual cards, and move easily between crypto and fiat across more than 70 countries.

Echoing that vision, the Founder, Goodnews Igwe, said the company’s ambition has always extended beyond digital asset trading.

“Building a trusted crypto exchange was never the destination,” Goodnews added. “Our vision has always been to connect people to the globe, financially. As we continue building, we’re extending that foundation to help customers not only trade digital assets but also move and spend money globally with less friction.”

For Dantown, the referral network represents more than a customer acquisition strategy. It reflects the strength of a community that has grown alongside the business. While the company’s expansion into global payments marks the next step in its broader mission of connecting the globe, financially.