Many Nigerians still don’t have smooth experiences when sending or receiving money from overseas or paying for international services. Issues such as delayed transfers, volatile exchange rates, unreliable virtual dollar cards, and the need to juggle multiple apps for different financial services remain common.
OnePurze, a Nigerian fintech co-founded by Ologun Damilola, who excelled at building real estate businesses in Nigeria, and Bako David, a technology expert with over a decade of experience in software and digital payments, believes it can solve these problems, helping Nigerians to enjoy seamless cross-border transactions.
The startup positions itself as an all-in-one payments platform that combines local transfers, international remittances, foreign currency accounts, bill payments, and virtual dollar cards under a single product. While many Nigerian fintechs already offer these services, OnePurze is betting that reliability, transparency, and a smoother user experience will help it win in a saturated market.
Since launching in May 2026, OnePurze has onboarded close to 1,000 customers without spending on paid advertising. You could say the customer acquisition numbers are modest at best, but it proves the founders right that there’s demand for simpler cross-border payment services.
