Remita, the payment platform best known for processing government and corporate transactions, has launched its first app for everyday consumers. It was unveiled on 22 September 2026 at the National Theatre in Lagos during Nigeria Fintech Week, The Condia reported.
What the app does
- All your banks on one screen: connect and monitor accounts from different banks in one place.
- Pan-African transfers: send money to other African countries through the Pan-African Payment and Settlement System (PAPSS), debiting any of your local bank accounts.
- Recurring payments: set up direct debits and standing orders, for example moving 10% of your salary to savings each month.
- Budgeting: expense tracking that compares this month’s spending with last month’s.
- Investing and loans: buy shares, and compare loan offers from several lenders, using NIN and BVN verification.
- Everyday payments: electricity, airtime, data, cable TV, flights and event tickets.
From the back office to your phone
Managing director ‘DeRemi Atanda said Remita processes over ₦100 trillion a year through its corporate and government rails, including payments tied to the Treasury Single Account. “This represents a landmark for us going very boldly into the consumer and retail space,” he said. The app had thousands of users during a quiet beta, and Remita expects rapid growth within six months, especially in pan-African transfers and services such as micro-pensions.
Atanda stressed the app is not meant to replace banking apps, but to give users “a broader view across supported institutions and greater control from one place”. Adedayo Adewale leads the new consumer business.
Why it matters
Seeing all your accounts together is a core promise of open banking, which the CBN has been rolling out in phases. Remita enters a crowded market of consumer finance apps, but it starts with an established brand and infrastructure that already handles huge transaction volumes. As with any app that links to your bank accounts, check the permissions you grant and keep your PIN and OTPs private.
Source: The Condia.
