Technology9/23/2025Bloomberg

Nigerian Fintech Aims at US Market With Eye on African Diaspora

Nigerian Fintech Aims at US Market With Eye on African Diaspora

A Nigerian fintech company is expanding its services to the US market, focusing on the African diaspora. The company has partnered with a US bank to allow customers to link their bank accounts in both countries through a single digital wallet. This partnership aims to facilitate cross-border transactions and remittances, making it easier for Nigerians living in the US to manage their finances and send money back home. The digital wallet will enable users to track their account balances, make payments, and transfer funds between their Nigerian and US accounts. The move is part of the Nigerian fintech firm's strategy to tap into the growing African diaspora market, which is seen as a significant opportunity for financial services providers. By offering a seamless cross-border banking experience, the company hopes to attract more customers and expand its footprint in the US and beyond.

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