MonieWorld

MonieWorld is a UK-to-Nigeria money transfer service for UK residents aged 18+ who need to send Naira to any Nigerian bank account, often in seconds.

Key capabilities include:

• Instant bank transfers to Nigeria: send money from the UK directly to Nigerian bank accounts, with delivery typically completed in seconds.
• Multiple ways to pay: fund transfers using debit or credit cards, bank transfer, Apple Pay, Google Pay, or from a GBP currency account.
• GBP accounts for higher limits: build up transfer funds in a GBP account; users without a GBP account start with an annual limit of up to £3,500, with eligibility to send more after additional checks.
• Nigerian bill payments: pay bills in Nigeria on behalf of family and others.

Available on Web, iOS and Android.

It targets B2C remittances, particularly UK-based Nigerians and other UK residents supporting family or making personal and business-related payments to Nigeria. During beta, access is invite-only, and sign-up requires UK residency and a UK mobile number.

In the African payments context, it focuses specifically on the UK-to-Nigeria corridor and is powered by Moniepoint. The service advertises zero transfer fees, with costs covered via a small markup on the exchange rate, and includes security measures such as identity checks, biometrics/passcode, encrypted data transfers, and 24/7 monitoring.