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
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