Sterling Bank just hooked up with Thunes for smoother money transfers from abroad. This Nigerian bank is partnering with the global payments network to help Nigerians overseas send cash home faster. The move taps into a massive diaspora community, roughly seventeen million people strong, who regularly need to support families or handle finances across borders.
Thunes provides the digital infrastructure for moving money internationally. Their system lets Sterling Bank offer instant transfers into accounts from multiple European countries. This gives customers abroad a consistent method to fund their Nigerian bank accounts directly from foreign accounts.
Research from Thunes indicates that sending money home is a core financial need for nearly half of diaspora consumers in Europe. They treat these transfers with the same importance as covering rent or utility bills. The collaboration aims to make that process quicker and more reliable.
Daniel Parreira from Thunes called the partnership a major step in their African expansion. He stated it shows trust in their platform across the continent. The alliance focuses on delivering convenience, speed, and confidence for users managing cross-border finances.
Ayodeji Saba at Sterling Bank said the deal underscores their effort to simplify international payments. He explained that leveraging Thunes' technology creates a more affordable and dependable option for customers. The goal is to significantly improve the financial experience for the Nigerian diaspora community.
This joint effort highlights a shared push for financial inclusion and community empowerment. It helps people gain better control over their money and spend more effectively. The partnership also advances Thunes' broader mission to integrate billions in emerging markets into the global economic system.
Thunes provides the digital infrastructure for moving money internationally. Their system lets Sterling Bank offer instant transfers into accounts from multiple European countries. This gives customers abroad a consistent method to fund their Nigerian bank accounts directly from foreign accounts.
Research from Thunes indicates that sending money home is a core financial need for nearly half of diaspora consumers in Europe. They treat these transfers with the same importance as covering rent or utility bills. The collaboration aims to make that process quicker and more reliable.
Daniel Parreira from Thunes called the partnership a major step in their African expansion. He stated it shows trust in their platform across the continent. The alliance focuses on delivering convenience, speed, and confidence for users managing cross-border finances.
Ayodeji Saba at Sterling Bank said the deal underscores their effort to simplify international payments. He explained that leveraging Thunes' technology creates a more affordable and dependable option for customers. The goal is to significantly improve the financial experience for the Nigerian diaspora community.
This joint effort highlights a shared push for financial inclusion and community empowerment. It helps people gain better control over their money and spend more effectively. The partnership also advances Thunes' broader mission to integrate billions in emerging markets into the global economic system.
