Flutterwave and Xoom Join Forces to Fast-Track Remittances into Nigeria
Flutterwave has partnered with PayPal’s Xoom service to enable direct money transfers into Nigerian bank accounts. This deal aims to speed up cross-border payments for millions of people receiving funds from abroad. Nigeria remains the top remittance recipient in Sub-Saharan Africa, with over $20 billion inflows in 2024. Despite high volumes, transfers have faced delays and operational challenges. The new collaboration will use Flutterwave’s payment infrastructure to provide reliable local payouts. Recipients can expect swifter settlements and a smoother transfer experience.
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