WorldRemit
has gone into collaboration with Fidelity Bank Plc to provide instant
money transfers to customers of the bank. A statement from the bank
explained that the new partnership further expands WorldRemit’s
footprint in the country and allows the 15 million-Nigerian Diaspora to
send money directly from their phones to recipients in Nigeria.
According to the statement, the deal
supports WorldRemit’s plan to serve 10 million customers connected to
emerging markets by 2020.
It also noted Fidelity Bank’s commitment to digital innovation as well as the provision of convenience for its customers.
Commenting on the partnership, the
Regional Director of Africa and the Middle East at WorldRemit, Andrew
Stewart said: “Nigeria remains our largest and fastest growing market in
Africa, and WorldRemit’s second biggest market globally.
“We are delighted to be partnering with
Fidelity, a leading bank in Nigeria and a major player in the remittance
business, to introduce its customers to our best in class online money
transfer service, which offers a safer, faster and more cost-effective
way to send and receive funds.”
On his part, the Chief Executive Officer
of Fidelity Bank, Nnamdi Okonkwo said: “WorldRemit offers a low-cost
way to send and receive money. The opportunity for our customers to
receive money from over 50 countries in a quick, affordable and
convenient manner with WorldRemit is in line with our promise to deliver
a new standard of service in the financial services industry.”
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