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Written By: Flipbz.org
Oneremit Hits $10 Million Milestone in Cross-Border Payments, Empowering Nigerian Businesses to Expand Globally
On June 25, Nigerian B2B cross-border payment platform Oneremit celebrated a significant achievement: processing over $10 million in international transactions. This milestone highlights the growing demand among Nigerian SMEs and corporates for fast, transparent, and seamless global payment solutions.
Oneremit was created to tackle persistent challenges faced by Nigerian businesses when paying suppliers, partners, or tuition fees abroad—issues such as slow transfer speeds, excessive fees, and a lack of transparency.
Crossing the $10 million mark demonstrates a clear shift away from traditional banking methods toward innovative, tech-driven solutions tailored specifically for local enterprises.
“This milestone represents more than just growth for Oneremit—it signals Nigerian businesses taking control of their global ambitions without being held back by outdated systems,” said a fintech consultant familiar with the company’s work.
Behind this impressive figure are countless success stories of Nigerian businesses expanding beyond borders:
Importers paying UK suppliers without production delays.
Service providers settling invoices in the US within days instead of weeks.
SMEs entering European markets with payment systems that keep pace with their growth.
Each transaction marks a transformation in how Nigerian companies connect with the global economy.
Oneremit’s rapid growth is driven by features designed to meet the unique needs of Nigerian businesses:
Fast Transfers: Most payments process within 1–3 days, with some completing in hours.
Real-Time FX Rates: Access to multiple currencies including USD, GBP, EUR—with zero hidden fees.
Invoice Settlement: Bulk and high-value payments managed easily via a centralized dashboard.
Reliable Tracking: Full visibility and tracking for every transaction, end to end.
While the $10 million milestone marks a major success, Oneremit is focused on further growth. With payment corridors expanding to over 100 countries and enhanced compliance frameworks, the platform is positioning itself as a cornerstone for Nigerian businesses navigating international trade.
Industry analysts suggest this achievement may signal a broader shift among Nigerian enterprises toward digital-first payment solutions designed for speed, transparency, and efficiency.
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