Instant FX matching for Nigerian fintechs to bypass CBN delays.
Nigerian fintechs face severe delays in international remittances and startup payouts due to CBN's tight foreign exchange controls limiting access to FX.
NairaSwap connects Nigerian fintechs needing USD with international senders offering FX via a peer-to-peer marketplace. Users post buy/sell orders that match automatically, enabling same-day settlements without waiting for CBN allocations. This reduces remittance delays from weeks to hours through trusted escrow.
Nigerian fintech startups handling international remittances and cross-border payouts
Exclusive P2P network tailored for Nigerian fintechs with built-in CBN-compliant escrow.
professional
Post buy/sell FX orders with amount, rate, and settlement terms.
AI matches compatible orders in real-time.
Secure hold of funds until both parties confirm.
Real-time view of matches, settlements, and history.
Automated checks for CBN FX limits and reporting.
Notifications for favorable matching rates.
CSV import for high-volume orders.
Webhooks for fintech stack sync.
Monthly FX savings and volume insights.
Native iOS/Android companion.
ML-based predictive matching.
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| business_name | text | No |
| verified | bool | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| user_id | uuid | No |
| type | text | No |
| amount_usd | int | No |
| rate_ngn | int | No |
| status | text | No |
| matched_with | uuid | Yes |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| order_id | uuid | No |
| amount_settled | int | No |
| status | text | No |
| completed_at | timestamp | Yes |
Relationships:
/api/ordersCreate new order
/api/ordersList user orders
/api/matchesFetch available matches
/api/transactionsConfirm settlement
/api/dashboardUser analytics
/api/users/verifySubmit verification
Up to $1k volume
Up to $50k/month volume
Unlimited
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 20 | 5% | $49 | $588 |
| Month 6 | 150 | 15% | $1,100 | $13,200 |
NairaSwap matches your remittance needs with global FX providers in hours, not weeks.
DM 20 Nigerian fintech founders on LinkedIn/Twitter with pain-point DM: 'Tired of CBN FX waits? NairaSwap matches instantly.' Offer free Pro trial for feedback. Follow up with demo call.
Established brand
Slow CBN processing
P2P instant matching vs their queues
Network effects from growing fintech buyer/seller liquidity.
CBN tightened controls in 2023, spiking demand for alternatives amid $20B remittance market.
CBN regulatory changes
Build with full compliance, partner with lawyers
Low adoption by fintechs
Pre-validate with 10 interviews
Escrow security breaches
Use audited Stripe/Supabase
Success: 6/10 express interest
Success: 50 signups
Success: 3 paying
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