That’s over 250 B2B transactions, growing at an average rate of 50% monthly — a milestone we didn’t expect to hit this early. But sometimes, things happen that remind you’re capable of more than you imagined. Oneremit was born out of that feeling — a drive to build something remarkable in our own way.
Back in December, while everyone else was winding down for the holidays, we were “cooking.” We had just wrapped up an ambitious project with our investment fund, delivering record ROI on capital in 60% less time than projected. We felt that familiar itch to build again, something faster, cleaner, better. Our vision was clear: make it easier, quicker, and more cost-effective for Nigerian businesses to send money abroad.
We knew the remittance space wasn’t new; in fact, it was the most venture-funded sector in Nigeria in 2024, but we didn’t want to do what everyone else was doing. We wanted to build with clarity, speed, and character. Not another remittance company, but our remittance company built our way.
Most startups begin with an idea and raise money first. We did the opposite: we raised as little as possible, not just to stay lean, but to stay aligned. We believe that investors should be partners in spirit, not just in funding. We’ve been lucky to be surrounded by people who support us without getting in the way, who let us move fast but with intention. That’s rare in the tech space, and we’re forever grateful for this.
It also helps that this isn’t our first time at the table. Our team has been through fires before, and the synergy we’ve built over the years shows in how we move. This $10M milestone is proof of not just work, but the precision and discipline it took to get there, and the insane potential that Oneremit has to become a unicorn in the remittance space.
From day one, we prayed we’d fail early and fail fast, so we could find our footing quickly and better. And we did fail early, hard, and repeatedly. But we learned, adapted and grew. Now, we offer instant FX payments to over 30 countries and next-day payments to most of the world, including Nigeria. Our liquidity runs deep, our network is increasing, and more businesses around the world are choosing Oneremit as their FX partner. Our service is tailored to real business needs, not just tech buzzwords, and we will strive to keep true to this ethos. We’re still far from where we want to be. But we’re proud of what we’ve built so far, and we’re just getting started.
A Note to Our People
To our families, friends, and early believers — thank you. For the late nights, the listening ears, the words of encouragement, and for holding space for us when we were buried in work.
To our investors, thank you for letting us lead, not just with capital, but with trust.
To our earliest clients, thank you for trusting us when the product was raw and unrefined. You made the bet before it made sense.
The truth is, the days are getting longer. We won’t always be reachable, and sometimes we’ll seem distant. But one thing we’ll never be is absent. Family comes first. And we’re lucky to be surrounded by people, both at work and at home, who let us chase this with everything we’ve got.
We’re backed by a talented team that handles the chaos behind the scenes so we can focus on the mission. Without them, none of this would move the way it does.
What’s Next?
In the coming months:
We’ll fully launch our public-facing website this week
Roll out new features and client tools
Launch an aggressive expansion and marketing campaign
We’re all in sales mode right now — pedal to the floor, heads down, focused. The hours will keep getting longer. But the rewards? Absolutely worth it.
Thanks for being part of our story. We’ll have more to share soon.
– The Oneremit Team
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