The FCA-regulated fintech is rewriting the rules for UK-to-Nigeria remittances with competitive rates, no transfer fees, and a concrete expansion roadmap targeting Ghana and Kenya by Q3 2026.

For many Nigerians living in the United Kingdom, sending money home has always come with a silent tax: a transfer fee here, a marked-up exchange rate there. It adds up, and SendOva, an established remittance app, was built to solve this.

SendOva, the trading name of Balazoo Express, is licensed by the Financial Conduct Authority. The app is built around one promise: transparent, highly competitive exchange rates and zero transfer fees for Nigerians sending money from the UK. With fully transparent foreign exchange rates and no transfer fees, SendOva is positioning itself as a go-to international money transfer service for Nigerian immigrants in the UK, a community that sends billions of pounds home each year.

The World Bank estimated that remittance flows to Nigeria reached about $20 billion in 2023, with the United Kingdom among the top source countries. Despite this volume, most senders still face fees that quietly erode every transfer. SendOva’s model flips that dynamic: the app charges no transfer fee and shows the live FX rate upfront before any transaction is confirmed.

“We built SendOva because we believed migrants should not have to lose a portion of their hard-earned money through hidden fees and opaque exchange rates,” says Olufemi Olaogun, CEO of SendOva. 

A Crowded Corridor, A Specific Bet 

What SendOva is doing is not new in spirit. LemFi, Nala, MonieWorld, TapTapSend, Remitly, and Ria Money Transfer all operate in the same corridor. SendOva’s bet is on value and clarity: highly competitive exchange rates, full FX transparency, and zero transfer fees for Nigerian immigrants. The company frames the choice plainly: “sending a pound shouldn’t cost a penny.” This means the sender sees the live exchange rate upfront and pays no flat transfer fee.

The results speak for themselves. SendOva has helped thousands of customers transfer money back to Nigeria; money that has paid for medical emergencies, school fees, rent, and growing businesses. Collectively, these customers have kept more of their money out of fees they would have paid to higher-cost alternatives. That money did not disappear into a platform’s margin. It reached families in Lagos, Abuja, Port Harcourt, and beyond.

Two Rails, One Product 

Most consumer remittance apps treat retail senders and small-business payments as separate products, often under separate brands. SendOva runs on both rails, and the combination is deliberate.

SendOva processes transfers from the UK to Nigerian bank accounts quickly. Most transfers complete within minutes, with funds landing directly in the beneficiary’s account. Whether Ayomipo, an investment banker in Manchester, covers her brother’s university fees in Lagos, or a London-based African grocery business pays suppliers in Abuja, SendOva brings every transfer together in one seamless app.

The Regulatory Base 

Headquartered in Canary Wharf, London, SendOva  is registered with the Financial Conduct Authority as a Small Payment Institution for its payment services activities and operates under HMRC anti-money laundering supervision, providing the legal credibility and consumer protection that the diaspora community has long demanded. In a market where trust is hard-won, SendOva’s regulatory footing sets it apart from the informal channels that have burned senders in the past.

The company plans to expand to Ghana and Kenya before the end of Q3 2026. The UK-to-Nigeria corridor is just the starting point. The real play is building diaspora trust, then rolling out the same infrastructure across new corridors within the diaspora market.

Already Delivering On Its Promise 

SendOva is not waiting to earn trust; it is already building it. Real senders move real money, pay zero transfer fees, and see live exchange rates that hold from quote to completion. Its regulatory registration is not a badge on a website; it is the operational foundation for every transaction.

For Nigerian immigrants in the UK who have spent years subsidising fees and inflated margins, SendOva’s model is not a pitch to consider. It is a product already in their hands. SendOva is not just another remittance app. It is a fintech built to solve a real problem for Nigerian immigrants in the UK, powered by scalable infrastructure, driven by transparent and competitive rates, and operating under FCA regulatory oversight.

As the team at SendOva puts it: “Every pound matters, and our mission is to ensure more of it reaches the people who need it most.”

For thousands of Nigerians living in the UK, remittances are more than transactions. They are school fees, rent payments, medical bills, family support and investments back home. SendOva exists to make those transfers faster, more transparent and more affordable.

As the company continues to expand its infrastructure and reach, its mission remains simple: to help migrants send more value home, with confidence, transparency, and trust.

Download the SendOva app here.