**Breaking Barrier: Nigeria's Nomba Partners UK Fintech for Seamless GBP Payments** In a significant development that could revolutionize cross-border payments, Nigeria's leading fintech company, Nomba, has teamed up with the UK's Volume to enable Nigerian businesses to receive direct British Pound (GBP) payments from customers in the UK. This innovative partnership leverages the power of Open Banking, a system that allows secure and efficient connections between banks, fintech companies, and financial institutions, facilitating direct payments between bank accounts. With this integration, Nigerian merchants can now receive payments from UK customers using any of the UK's major banks, eliminating the need for card details and reducing the complexity of international transactions. The process is straightforward: customers simply authorise payments through their banking apps, and the transaction is processed through the UK's Faster Payments Service. Volume takes care of local processing, while Nomba settles the funds into a GBP wallet for the merchant. This wallet offers flexibility, allowing merchants to hold funds in GBP, convert balances into Naira (NGN) or US Dollars (USD), or transfer funds across currencies as needed. **A Beacon of Hope for African Merchants** According to Yinka Adewale, Nomba's aim is to reduce the high costs that many African merchants face when accepting international payments. Traditionally, Nigerian businesses selling to UK customers rely on international card networks or payment platforms, which often include cross-border card processing fees of up to 6-7%. This partnership offers an alternative by connecting merchants directly to the UK banking infrastructure, saving them a significant chunk of revenue. **Growing Nigeria-UK Trade Corridor** The partnership reflects the growing commercial ties between Nigeria and the UK, with trade reaching £95.7 million ($128 million) in December 2025. Much of this cross-border activity still relies on global card networks, but Nomba's new system offers a more efficient and cost-effective solution. **Early Adopters See Success** One of the first businesses to use the platform is BeautyByDaz Nigeria, a Lagos-based beauty company selling to customers in Nigeria and the UK. Founder Zaynab Odusote praises the platform for simplifying international payments, saying it's reduced complexity and increased efficiency. The company processed over £5,500 ($7,360) from 115 UK customers within its first 60 days on the platform. **Part of a Broader Global Expansion** This partnership is part of Nomba's broader international strategy,