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Currency Exchange

Earn 10% Yield on Your Money - In ZAR or USD

FWMoney lets you grow your South African Rand or U.S. Dollars at a market-leading APY, with no lock-ups, instant access, and spending power wherever you go.

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Our mission is to provide South Africans with simple, secure, and cost-effective ways to save, transfer, and spend money in South African Rand and U.S. Dollar.

Grow your savings at 10% APY on both ZAR and USD

—no hidden fees, no minimums, no lock-ups.

Send money locally or cross-border with zero fees

— instant transfers to friends, family, or any bank account in South Africa.

Shop with FWMoney merchants and earn 1% back on every purchase.

- Up to 1% cashback on your purchases.

Earn up to 2% cashback

— Spend at selected merchants to receive cashbacks in your wallet

Platform Numbers

See how people trust us

Your trust in us is our priority. We ensure transactions are made through trusted, reputable intermediaries.

Handshake

Interest
Distributed

R200k+
Cash

Assets Under
Management

R20M
Connected People

Number of
Transactions

1000+
Our Product

Payments in Action

Move your money in seconds —no waiting, no hidden fees, and rock-solid security for every purchase.
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    Instant settlement

    Accelerate global payments for faster settlements and improved cash flow.

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    Face-to-face or online

    Pay in person with a QR code or shop in our app to pay online.

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    Zero fees

    Keep 100% of every sale—no percentage cuts, monthly minimums, or confusing surcharges

Regulation

Trust & Security

Your trust in us is our priority. We ensure transactions are made through trusted, reputable intermediaries.

FiveWest OTC Desk Pty Ltd (Reg. No. 2020/573585/07) is our licensed Financial Services Provider in South Africa.

4+ years of proven track record in stablecoin issuance, custody and compliance.

All ZAR and USD deposits are held in segregated, audited accounts.

Regulated by the FSCA (Financial Sector Conduct Authority) in South Africa.

Testimonials

What our customers are saying

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With FiveWest's modern platform, we've streamlined cross-border payments dramatically. Now we spend just a couple of hours each month to process over $250,000 in global transactions seamlessly. The transparency, speed, and ease-of-use FiveWest provides is game-changing.

#Crypto_to_fiat
Steve Williams
CTO @Another tech company
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Before FiveWest, transferring funds globally was a massive time sink for our organization. Our finance team easily spent 20-30 hours each month just handling the logistics and accounting for international payments to suppliers and partners. It was a convoluted process relying on outdated correspondent banking rails. This has truly transformed our workflow.

#Time_saving
Luke Schwartzkopf
CTO @Tech Company
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Fivewest has been great in terms of service delivery, they keep open communication along the way and have exceeded my expectations. Looking forward to working with them now and into the future. Their support has been exceptional.

#Batch_payments
Graham Flemming
CEO @Nested Finance
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With FiveWest's modern platform, we've streamlined cross-border payments dramatically. Now we spend just a couple of hours each month to process over $250,000 in global transactions seamlessly. The transparency, speed, and ease-of-use FiveWest provides is game-changing. Highly recommend!

#Confidence
Renier JR
COO @Matey
FAQs

Frequently Asked Questions

Here are some common questions about FWMoney.

To start earning up to 10% on your ZAR or USD balances, follow these simple steps:

  1. Create an account on fwmoney.co.za.
  2. Complete your verification (KYC) process to activate your wallet.
  3. Add funds to your account:
    • For ZAR, make an EFT deposit from your local bank account.
    • For USD, deposit using stablecoins like USDC or USDT.

Once your funds are added, they will automatically begin earning interest.
No lockups. Withdraw anytime.

Your funds are held on centralized cryptocurrency exchanges and lent out through margin lending programs to earn interest. While this allows you to earn a high yield, it also comes with counterparty risk — the risk that the exchange or borrowers may default.

We work only with established exchanges that have strong risk management practices, but as with all financial products, returns are not guaranteed and capital is at risk.

Yes — you can redeem your tokens into fiat at any time.

  • For ZAR, simply withdraw via EFT directly to your South African bank account.
  • For USD, redemptions can be made via supported stablecoins.

FWMoney operates under the jurisdiction of FiveWest, a licensed as a Financial Service Provider (FSP No.: 51619) and Over The Counter Derivatives Provider by the Financial Sector Conduct Authority.

In addition, FiveWest holds a mandate from the South African Reserve Bank to facilitate international payments.

FWMoney is authorised by the Payments Association of South Africa as a Systems Operator and Third Party Payment Provider and is a credit provider in terms of the National Credit Act.