gomoney

gomoney is a digital-only bank in Nigeria that provides mobile banking for individuals who want to open an account quickly and manage everyday payments from a phone.

Key capabilities include:

• Instant account opening with minimal details (name and phone number), with tiered upgrades available later for added limits and verification.
• Payments and transfers such as sending and receiving money, payment requests and reminders, sharing payment receipts, and transfers to phone numbers or bank accounts.
• Money management tools including categorized spending, transaction enrichment (clearer merchant details), spending reports, and access to stamped statements.
• Bills and savings in one place, including airtime and data purchases, broader bill payments, scheduled bill payments, and goStash savings with options to automate savings or lock funds until a chosen date.

Available on Android and iOS.

It targets B2C users in Nigeria, including young adults, small business owners, and people who want alternatives to traditional banking processes.

Notable in the Nigerian market for promoting mobile-first banking with transparent costs, plus security and trust signals such as CBN licensing and NDIC deposit insurance, alongside features like split payments and spending categorisation that support day-to-day cashless transactions.