MoMo PSB Expands Cross-Border Transfers, Strengthens Inbound Links From UK, US, Europe, Canada

MoMo Payment Service Bank (MoMo PSB), the financial subsidiary of MTN Nigeria, has expanded its cross-border transfer service, extending outbound coverage to additional African markets (including Kenya and South Sudan), while also deepening inbound remittance capabilities from the United Kingdom, United States, Canada, and Europe.

With the latest expansion, MoMo PSB customers in Nigeria can now send money to a wider network of African countries, including Ghana, Benin Republic, Rwanda, Togo, Cameroon, DR Congo, Congo Brazzaville, The Gambia, Côte d’Ivoire, Liberia, Malawi, Zambia, Sierra Leone, Uganda, and now Kenya and South Sudan.

On the inbound corridor, customers can conveniently receive international transfers directly into their MoMo wallets from senders across the UK, US, Canada, and Europe. This development reinforces MoMo PSB’s growing role in enabling fast, secure, and inclusive cross-border payments for Nigerians at home and in the diaspora.

The enhanced service offering reflects MoMo PSB’s ongoing commitment to advancing financial inclusion by simplifying the process of moving money across borders.

Customers benefit from swift transaction processing, competitive exchange rates, secure transfers, and the ease of receiving funds directly into their MoMo wallets, removing many of the delays and frictions traditionally associated with cross-border remittances.

The expansion is driven by strategic partnerships with Brij, Lightway Finance, and Thunes, leveraging their global payments infrastructure to deliver reliable, efficient, and compliant cross-border transfer experiences.

Speaking on the development, Usoro Usoro, Executive Director, Strategy and Stakeholder Management, MoMo PSB, said: “Through our partnerships with Lightway Finance and Thunes, we have strengthened our international payments infrastructure to support both outbound and inbound remittances across key corridors. This expansion reflects our commitment to building secure, scalable, and inclusive financial solutions that meet the evolving needs of our customers.”

By widening both its sending and receiving corridors, MoMo PSB continues to deepen access to financial services and strengthen Nigeria’s connection to the global economy—making international payments more accessible, affordable, and seamless for individuals and businesses alike.