The one profound aspect of being Nigerians living in Canada is a core principle that was instilled in our upbringing – a feeling of duty. Like many others who live abroad, we felt responsible for supporting our families and communities back home.
Tolu, now CEO of Pesa, needed to send money to Nigeria from Canada to support his brother's dreams of studying abroad. So he opted for a cross-border payment provider to transfer the funds. And later discovered a WhatsApp group that offered better exchange rates. However, the risks were evident — there was no security and funds could disappear.
Feeling cheated by unfair rates and vulnerable on an unsecured platform like WhatsApp, Tolu reached out to his friends Yusuf and Adewale, both software programmers and now co-founders of Pesa. Together, they aimed to bridge the gap between unfair rates and risky informal money transfers.
There is still a significant gap between the experience of sending money within the same country and sending money across borders. We believe that sending and receiving money across borders should be as hassle-free as sending money within the same country.
And that’s why we are committed to making global money transfers have that local experience of sending money within the same country, while eliminating the mental gymnastics of figuring out how to get money across borders.
Join our teamBy challenging the limitations imposed on us by distance, we could dare to go further to explore new possibilities for a better life without the fear of losing touch with the people and places that have shaped us.
We have longed perceived distance as an insurmountable barrier, but what if it wasn’t? It is these questions that drive us to imagine a world where financial interactions are as effortless as though the world were indeed small.
As the world becomes more explorable and accessible, people will need a bridge between them and the worlds they care most about. And that’s why we need your help in realizing our goals to:
We understand that mistakes can have financial implications, especially for a financial service provider like us, but we also recognize that the lessons learned from them can save us even more in the long run.
We understand that mistakes can have financial implications, especially for a financial service provider like us, but we also recognize that the lessons learned from them can save us even more in the long run.
We understand that mistakes can have financial implications, especially for a financial service provider like us, but we also recognize that the lessons learned from them can save us even more in the long run.
We understand that mistakes can have financial implications, especially for a financial service provider like us, but we also recognize that the lessons learned from them can save us even more in the long run.