Millions of Nigerians can now receive money from abroad instantly, thanks to a new alliance between Thunes, the Smart Superhighway to move money around the world, and MoMo PSB, the fintech platform of Nigeria's largest mobile network operator, MTN. The alliance marks the significant stride attained by MoMo in the expansion of its African and international remittance corridors, allowing MoMo customers to receive funds from key international markets including the USA, UK, Canada, France, Australia, Saudi Arabia, Israel and South Africa.
Through this collaboration, MoMo users can receive international funds instantly and use them for everyday needs such as buying airtime, paying bills, sending money to family and friends, and digital commerce. The collaboration enables seamless, secure, and convenient cross-border payments, supporting financial inclusion and economic participation in Nigeria.
MoMo PSB is a fintech platform and a Member of Thunes' Direct Global Network, offering a wide range of digital financial services, including payments, e-commerce, insurance, and remittances. As a subsidiary of Nigeria's largest mobile network operator, MTN, MoMo PSB provides millions of Nigerians with access to digital financial solutions anytime, anywhere.