Thunes and MoMo PSB Bring Real-Time Cross-Border Payments to Millions of Nigerians
Lagos, Nigeria and Singapore – November 25, 2025 – 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.
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.
“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.”
Aik Boon Tan, Chief Network Officer at Thunes
“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.”
Phrase Lubega, Chief Executive Officer at MoMo PSB
Contact:
We. Communications, thunes@wecommunications.com
Anna Birdsall-Strong, Director of Brand and Public Relations, anna.birdsall@thunes.com
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. Thunes’ Network connects directly to over 7 billion mobile wallets, stablecoin wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 14 locations, including Atlanta, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai. For more information, visit: https://www.thunes.com/
