Thunes, the smart superhighway to move money around the world, has announced a landmark collaboration with Sterling Bank, one of Nigeria\u2019s leading full-service commercial banks, to drive easy-access cross-border payments for Nigerians in the diaspora.<\/p>\n\n\n\n
The alliance ushers in a new standard for cross-border payments, empowering Nigerians abroad with a quicker and simpler way to send funds home.<\/p>\n\n\n\n
With an estimated 17 million Nigerians living and working overseas, demand for fast, transparent and dependable financial connections to home has never been greater. By leveraging Thunes\u2019 Direct Global Network, Sterling Bank is rolling out this enhanced capability across multiple European markets, giving customers abroad a more consistent way to support their families and manage finances.<\/p>\n\n\n\n
The collaboration means new and existing Sterling Bank account holders can now benefit from seamless, instant cross-border payments. Research released by Thunes shows that for nearly half (46%) of diaspora consumers across Europe, sending money home is a regular and essential financial activity, comparable to paying rent or utilities.<\/p>\n\n\n\n
Daniel Parreira, SVP, Sales \u2013 Africa at Thunes, commented: \u201cWelcoming Sterling Bank to our Direct Global Network marks another significant milestone in our expansion across Africa and reflects the trust placed in our infrastructure across the continent. Together, we\u2019re enabling a new level of convenience, speed and confidence for customers managing finances across borders.\u201d<\/p>\n\n\n\n
Ayodeji Saba, Head, Switch & Remittances at Sterling Bank, commented: \u201cThis partnership reflects Sterling Bank\u2019s deep commitment to making it easier for Nigerians abroad to send money home. With Thunes\u2019 trusted technology, we\u2019re giving our customers a faster, more reliable and more affordable way to fund their Sterling Bank accounts from overseas.\u201d<\/p>\n\n\n\n
The collaboration underscores a shared commitment to financial inclusion and community empowerment, supporting Thunes\u2019 mission to onboard the next billion end-users in emerging markets into the global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Thunes, the smart superhighway to move money around the world, has announced a landmark collaboration with Sterling Bank, one of Nigeria\u2019s leading full-service commercial banks, to drive easy-access cross-border payments for Nigerians in the diaspora. The alliance ushers in a new standard for cross-border payments, empowering Nigerians abroad with a quicker and simpler way to […]<\/p>\n","protected":false},"author":18,"featured_media":79432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16131,565,275,183,13,262,9060],"tags":[16852,2158,679,685,19522,3547,13283,14417],"class_list":["post-79431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-banking-finance","category-intelligent-technology-newsletter","category-software","category-top-stories","category-used","category-west-africa","tag-cross-border-payments","tag-financial-inclusion","tag-fintech","tag-nigeria","tag-nigerian-diaspora","tag-remittances","tag-sterling-bank","tag-thunes"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=79431"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79431\/revisions"}],"predecessor-version":[{"id":79597,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79431\/revisions\/79597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/79432"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=79431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=79431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=79431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}