Tag: First Bank

First Bank partners WorldRemit for digital money transfers to Nigeria

First Bank partners WorldRemit for digital money transfers to Nigeria

Business, Technology
Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria. The new strategic partnership considerably expands WorldRemit’s footprint in the country and allows its customers in over 50 countries to send money to First Bank accounts directly from their phones. The deal supports WorldRemit’s plan to serve 10 million customers connected to emerging markets by 2020. First Bank is collaborating with WorldRemit in a bid to drive convenience and ease of banking for its customers as well as provide the much-needed push for financial inclusion initiatives. With a diaspora of over 15 million people living in countries such as the United States, the United Kingdom and German