Nigerian financial technology company Remita has launched a new consumer-focused mobile application that allows users to manage multiple bank accounts from a single platform, marking a significant expansion beyond the enterprise and government payment services for which the company has traditionally been known.
The product was unveiled during Nigeria Fintech Week 2026 in Lagos, with Remita Managing Director and Chief Executive Officer, ‘DeRemi Atanda, describing the platform as the company’s next major step into consumer financial services.
Remita, part of the SystemSpecs group, has spent years building payment infrastructure used by government institutions, businesses and individuals. Its latest move puts it more directly into competition for everyday consumers in Nigeria’s increasingly crowded fintech market.
Multiple Banks on One Platform
One of the application’s central features is the ability to connect and manage accounts held with different financial institutions from a single interface.
According to Atanda, users will be able to view and manage their accounts without constantly moving between separate banking applications.
About 16 banks, including FCMB, Zenith Bank and Fidelity Bank, as well as some microfinance institutions, had been onboarded at the time of the launch, while discussions were continuing with additional institutions.
The model taps into Nigeria’s developing open-banking ecosystem, where authorised financial-service providers can securely connect to customer banking data and services subject to consent and regulatory requirements.
Users will also be able to create recurring payments against their connected accounts.
Remita Targets African Payments
Beyond domestic banking, Remita is positioning the application as a gateway for cross-border African transactions.
The company says customers in Nigeria will be able to transfer money to bank accounts in other African markets through the app.
The cross-border service is being developed in collaboration with the Pan-African Payment and Settlement System, or PAPSS.
That could become an important component of Remita’s expansion because cross-border African payments have traditionally faced challenges involving settlement currencies, correspondent banks, costs and transaction times.
Remita says the system could enable a Nigerian customer to make payments to businesses or individuals elsewhere on the continent directly through the application.
Consumer Market Creates New Competition
Moving aggressively into consumer finance also creates a different competitive environment for Remita.
Nigeria already has a substantial fintech market populated by banks, mobile-money operators and technology companies competing over transfers, savings, payments, merchant services and other financial products.
Remita will therefore need to translate the recognition it has built through government and enterprise payments into sustained consumer adoption.
Atanda said thousands of users participated during the application’s beta stage without advertising expenditure, while the company is targeting significant adoption over the next six months.
The expansion illustrates another phase in Nigeria’s fintech competition: companies that previously specialised in specific sections of the payment infrastructure are increasingly building broader ecosystems around consumers and businesses.
