Nigerian startups are transforming cross-border payments by providing seamless international transaction solutions. With expected flows reaching $290 trillion by 2030, companies like Juicyway, Accrue, WeWire, and Flutterwave are at the forefront, processing billions in transactions while addressing currency exchange and regulatory challenges.
Nigeria’s cross-border payment landscape is significantly advancing due to startups addressing the heightened need for effortless international transactions. The Fintech 2025+ report predicts cross-border payment flows will hit $290 trillion by 2030, driven by rising international e-commerce, workforce mobility, and innovative digital payment solutions that enhance the speed, ease, and transparency of money transfers.
The Nigerian cross-border payment sector is witnessing substantial growth through innovative startups that enhance the efficiency and safety of transactions. Companies like Juicyway, Accrue, and Flutterwave are leading the charge by offering tailored solutions for businesses and individuals, contributing to economic growth and financial inclusion as they navigate evolving market demands.
Original Source: businessday.ng
