Dantown is a new player in Nigeria fintech space. The app is offering an affordable and user-centric dollar virtual card that typically cost $1 card creation fee and $1 maintenance fee. This pricing is more cheaper than the popular companies that's providing USD virtual cards to Nigerians. For instance, Grey.Co has a one-time card issuance fee of $5 and fee of $1 per deposit plus declining fee.
Chipper Cash, on the other hand, is another big player in the virtual dollar card market in Nigeria. I personally use the Chipper Dollar Virtual Card for my online and international transactions. The chipper cash USD Card cost $3 for issuance, no maintenance fees and your card will be cancelled if there's too much declines.
Comparison of Dantown, Grey and Chipper Cash:
| Service | Grey | Dantown | ChipperCash |
|---|---|---|---|
| Card Creation Fee | $5 | $1 | $3 |
| Maintenance Fee | None | $1 | None |
| Deposit Fee | $1 per deposit | None | None |
| Funding Fee | Yes | None | None |
| Decline Fee | Yes | None | Cancel Card |
| Funding Amount | $1 Minimal | $5 Minimal | No Minimal |
In addition to dollar virtual card, Dantown is also a cryptocurrencies broker. On the Dantown app, you can buy and sell altcoin including BTC, ETH, USDT, LTC, and BNB. You'll also have different wallet address for these cryptocurrencies plus the ability to create MATIC wallet, ARB wallet, AVAX wallet and BNB wallet.
Bill payment is another service Dantown is offerings on it app. You can purchase airtime and data at affordable rate. Dantown app is relatively one of the best mobile app to buy cheap data app in Nigeria. Additionally, you can fund your betting account, pay for electricity bills, and buy TV-cable subscription directly in the Dantown Mobile app.
Download Dantown Mobile App
The Dowtown App is available for downloading and installing on Google Play Store for Android users and also available for iOS (iPhone and iPad) users on the Apple App Store. Once the mobile app is downloaded on your device, you can register an account and start using the app.
Features of Dantown App
- Pay online (internationally) using Dantown's MasterCard Virtual Card that's denominated in USD
- Pay bills within Nigeria
- Buy and Sell Crypto
- Buy Data and Airtime for cheaper rate
- Nigerian Naira (NGN) deposit is accepted but from your bank account only
- NGN Withdrawal
- Investing and Savings features are on their coming to the app
- Internal transfer. I.e, Transfer to another Dantown users.
- Referral and Earnings.
That's all Dantown app is offering to Nigerians for now.
How to withdraw from Dantown
Follow this steps to successfully withdraw your moeny/earnings from the Dawtown app:
- Login to your Dantown Account via App using your Username and Password.
- Click "Wallet" and tap on "Withdraw Naira" tab.
- Input the "Amount" you wish to withdraw and click "Continue"
- Enter your bank details including "Bank Name", "Account Number", and "Account Name"
- The withdrawal transaction will be facilitated by Pay-bridge and you'll receive the amount in your bank account from Pay-bridge agent.
Is Dantown Legit?
For now, we cannot say whether the Dantown app is legit or not because there's no press release that've proven the fintech application is been approved and regulate by the Nigeria authorities like CBN, SEC, and NDIC. In fact, there's no yet proof that the company is registered with the Nigeria's corporate affair commission (CAC).
It also worth noting that Dantown app is a new fintech app in Nigeria, and deposit and withdrawal to the platform's accounts are handled by a third-party platform. While we cannot say for now whether Go-Dantown app is legit in Nigeria, we can only advice to use the app at your own risk.
We will keep updating this page if we see any prove of approval and licensing. So, you can always come back to find out if the app is actually safe to use.
Who owns Dantown?
Goodnews Igwe is the Founder and Chief Executive Officer of Dantown. Other notable board of the company are Chief Operation Officer (COO) - Chimene Chinah, Chief Technology Officer (CTO) - Godwin Jimmy, Head of Finance - Nengi A Bob-Manuel, Head of Human Resources - Bilikis Oriniowo-Yakubu and Growth Manager - Paul Ugochukwu.
Dantown, otherwise known as GoDantown, was founded in 2018 in Port Harcourt State Nigeria. The fintech platform is based and headquartered in the state at NTA/Choba Road, Mgbuoba, PH, Nigeria. You can contact the company via phone +234 906 863 3429 or email address support@godantown.com.
