Nigeria’s Global Strength: How Digital Payments Empower a Growing Diaspora
A growing global community, driving change
Nigeria’s diaspora is one of the largest and most vibrant in the world. From London to Lagos, New York to Abuja, Nigerians abroad play a critical role in fueling growth back home—through business, education, and, importantly, remittances. In 2024, remittances to Nigeria were about four times the value of Foreign Direct Investment (FDI) into the country. Nairametrics
Remittances remain a vital lifeline for families and local economies, providing everyday essentials and enabling opportunity. And today, digital payments are transforming how this support is sent: fast, safe, and affordable.
Strong growth in 2025
At Paysend, we are committed to breaking barriers and bringing simple money transfer to all, including the underserved communities. Nigeria is a priority for us, and over the past year, we’ve seen remarkable growth in money transfers to the country.
Our volumes have grown steadily throughout 2025 and are significantly higher than at the start of the year, reflecting consistent adoption and trust. This upward trend reflects a growing preference for digital, instant* transfers, and demonstrates the continued trust Nigerians place in Paysend.
Empowering every transfer
Behind every number is a story: a student supporting parents, a worker funding a business, a family sharing love across continents.
Paysend makes each of these moments possible with:
- Fast, reliable transfers
- Bank-level security that protects every transaction
- Transparent exchange rates with no hidden fees
For the Nigerian diaspora, sending money isn’t just a transaction – it’s a connection, a commitment, and a way to keep independence alive every day.
Celebrating Nigeria, connecting the world
With Paysend, Nigerians around the world can continue to build, give, and grow, powering a future that’s as bold and dynamic as the country itself.
* We’ll send your money in real-time, but it could take up to 3 business days depending on your recipient’s bank processing time.
Latest Posts
At Paysend, we’re on a mission to bring simple money transfer to all, including people and communities who haven’t always had easy access to fast, fair money transfers. This December, we’re helping you save on your international transfers so more of your money reaches your loved ones. From 10–31 December 2025, Paysend is offering improved foreign exchange rates on all transfers above $1,000 USD.
Whether you’re supporting family abroad, paying bills or simply sending a treat, this is the perfect opportunity to make larger transfers using our online money transfer service, and get better value while we continue building the world’s largest digital payment network.
Cross-border money movement has evolved, and institutions now need infrastructure that can scale securely, integrate easily, and deliver value in real time. The Paysend Enterprise API provides that foundation, connecting licensed institutions, fintechs, payment facilitators, and platforms to a global payout network that reaches over 100 countries and supports more than 80 currencies.
Built as part of Paysend’s mission to build the world’s largest digital payment network, the Enterprise API helps partners break barriers in international payments. It allows them to move money with transparency, speed, and control, addressing the main pain points in cross-border transfer: fragmented systems, regulatory complexity, and slow delivery times.
