We charge nothing to send money home. Our revenue comes from the exchange rate, not from you — with instant transfers to Nigeria.
Indicative rate — live rates at launch.
No hidden steps, no surprise charges. Here is exactly how a transfer works.
Free from the App Store or Google Play. Takes two minutes to set up.
Upload your ID and take a quick selfie. Most people are approved in under five minutes.
See exactly how much your recipient gets, in real time. Zero transfer fee.
Top up your MonamiPay wallet or pay instantly with your debit card. Secure and instant.
Money arrives in Nigeria in minutes. We notify you the moment it lands.
A short, narrated walkthrough of the full customer journey — download, verify, send, and delivery.
We started MonamiPay because we have experienced firsthand how expensive and frustrating it can be to send money home. Families should keep more of what they send — so we built a service with zero fees and instant delivery.
We are a UK-registered remittance company built by the diaspora, for the diaspora. Every founder has stood in the queue, paid the fee, and watched the exchange rate eat into money meant for family. MonamiPay exists to end that. We are building a money-transfer service that is transparent by design — our only margin is a fair exchange rate, fully disclosed, and never a hidden charge to you.
Co-Founder of Monami Pay, Arthur brings a strategic leadership, a CFO mindset and technology-first approach to modern financial services. With extensive Big 4 and commercial leadership experience, he drives innovation, operational excellence, strategic partnerships, and scalable growth across regulated markets. Arthur specialises in scaling businesses, strengthening governance, driving strategic growth, and transforming come financial challenges into sustainable commercial outcomes.
Chinedu Okoli is a technology and fintech entrepreneur with over 25 years’ experience delivering enterprise and financial systems across Africa and Europe. He founded High-Tech Data Systems Ltd and Novatia Ltd, developers of fintech and cross-border remittance solutions in Nigeria. A First Class Computer Systems Engineering graduate and Fellow of the British Computer Society, he has led major infrastructure, payments and digital transformation initiatives for global and Nigerian organisations.
Michael Akala is a technology leader with expertise in payments, cloud infrastructure, and AI. As Co-founder & CTO, he is committed to building trusted financial technology that serves communities and scales responsibly.
Join the waiting list today. No app needed yet — we will let you know the moment MonamiPay goes live.
MonamiPay launches in Q4 2026. Media enquiries and our launch press release will be published here. For interviews and assets, get in touch with our team.
Media enquiries: press@monamipay.comQuestions about MonamiPay? Reach us by email, by message, or send us a note below.