Thunes and MoMo PSB Bring Real-Time Cross-Border Payments to Millions of Nigerians

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. MoMo PSB is a fintech platform and a Member of Thunes' Direct Global Network, offering a wide range of digital financial services,...

LAGOS, Nigeria, 25/11/2025 (informazione.news - comunicati stampa - information technology)

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.

Thunes' Direct Global Network enables its members to securely send and receive money across borders in real time by connecting with local wallets, neobanks, and financial institutions.

Thunes' mission is to enable the next billion end users in emerging markets to access the global economy. By connecting with MoMo PSB's wallet ecosystem, the collaboration both enhances financial inclusion and strengthens the flow of global money into Nigeria's rapidly growing digital economy. According to World Bank data, remittance flows into Nigeria rose by 9% in 2024 to reach $20.9 billion.

Aik Boon Tan, Chief Network Officer at Thunes, said: "This alliance makes it possible for Nigerians to receive money from abroad instantly, securely, and conveniently. It's about allowing more people to access the global economy by giving them the power to manage their finances without friction. For our members, by enabling them to send payments into Nigeria, we are opening up access to a vast and growing market with greater ease through seamless cross-border payments."

Phrase Lubega, Chief Executive Officer at MoMo PSB, added: "Joining the Thunes Direct Global Network allows us to deliver on our commitment to financial inclusion by bringing global remittances directly to our users' fingertips. Millions of Nigerians can now receive funds from friends, family, and professional networks abroad instantly and securely. Thanks to Thunes' agile and robust cross-border payments Network, MoMo PSB can provide a cost-effective, transparent, and reliable way for users to access global financial flows, helping them participate more fully in the digital economy and strengthening financial inclusion across the country."

About Thunes:

Thunes is the Smart Superhighway to move money around the world. Thunes' proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. For more information, visit: https://www.thunes.com/

Contacts: Anna Birdsall-Strong, Brand and PR Director at Thunes - anna.birdsall@thunes.com

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