Nigerian fintech Pesa opens Australia corridor for cross-border transfers
Pesa has launched an Australia corridor, allowing customers to send money between Australia, Nigeria, and other markets under AUSTRAC authorisation.
AfroEuropa Newsroom
AfroEuropa desk
Pesa, a Nigerian cross-border payments fintech, has launched an Australia corridor, extending its consumer money-transfer service to the country, according to TechCabal.
The new corridor lets customers send Australian dollars through the company's app to Nigeria and other African countries, the Philippines, India, Europe, the United Kingdom, the United States, and Canada. Pesa says the expansion will support transfers in both directions between Australia and Nigeria. The company says its Australian service operates under authorisation from the Australian Transaction Reports and Analysis Centre (AUSTRAC).
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