June 25 marked a major milestone for Nigerian B2B cross-border payment platform, Oneremit, as the company announced it had processed over $10 million in international transactions. The achievement underscores the growing demand for seamless global payment solutions among Nigerian SMEs and corporates.
A Signal of Changing Times
Oneremit was built to address long-standing challenges faced by Nigerian businesses paying suppliers, partners, and tuition abroad, slow transfers, high fees, and lack of transparency.
Crossing the $10 million mark at Oneremit highlights the shift from traditional banking methods to faster, tech-driven solutions tailored to local enterprises.
“This milestone reflects more than growth for Oneremit; it signals Nigerian businesses taking control of their global ambitions without being constrained by outdated systems,” said a financial technology consultant familiar with the company.
What the Numbers Represent
Behind the $10 million milestone are countless stories of Nigerian businesses scaling beyond borders:
- Importers paying UK suppliers without production delays.
- Service providers clearing invoices in the US in days instead of weeks.
- SMEs entering European markets with payments that matched their pace of growth.
Each transaction represents a shift in how Nigerian companies connect to the global economy.
Technology Driving the Achievement
Oneremit’s rapid adoption is powered by core features designed specifically for Nigerian businesses:
- Fast Transfer Speeds: 1–3-day processing, with some transactions completing in hours.
- Real-Time FX Rates: Access to USD, GBP, EUR and more, with zero hidden charges.
- Invoice Settlement: Bulk and high-value payments processed through a simple, centralized dashboard.
- Reliable Tracking: End-to-end visibility for every transaction.
The Road Ahead
While $10 million marks a key achievement, Oneremit has its eyes on scaling further. With expanding payment corridors to over 100 countries and strengthened compliance frameworks, the platform is positioning itself as a cornerstone for Nigerian businesses navigating international trade.
Analysts predict the milestone could signal the beginning of a broader movement for Nigerian enterprises to adopt digital-first payment systems designed for speed and transparency.