TranzyPay offers same-day NGN-GBP payments for Nigeria-UK businesses with FCA authorization
TranzyPay, a UK-registered fintech, offers same-day NGN-to-GBP payments for businesses trading between Nigeria and the UK, solving the typical 2-3 bank transfer delay. The company is authorised by the UK's Financial Conduct Authority as a Payment Institution (FRN 578588), providing regulatory safeguards beyond basic registration.
Their service includes named GBP business accounts connected to Faster Payments, multi-currency options, and built-in KYC/AML compliance handled in the background. This targets companies making regular supplier payments, invoice settlements, or capital moves - not one-off personal transfers.
With Nigeria-UK trade reaching £7.6 billion in 2025 (up 10.8% year-on-year) and significant remittance flows, TranzyPay positions itself as a corridor-specific alternative to generic multi-currency platforms. Businesses can access the service via www.tranzypay.co.uk or sales@tranzypay.co.uk.
For firms moving money monthly between Nigeria and UK, will this same-day settlement eliminate cash flow forecasting headaches caused by traditional banking delays?