Bluebulb, a UK-regulated fintech firm, has officially launched its operations in Nigeria as part of its mission to help African businesses move, manage, and access money globally through trusted and compliant digital infrastructure.

The company stated that it is entering the Nigerian market to enable corporations and businesses access to multiple remittance and treasury management options that simplify international transactions.

Ola Daramola, CEO and Co-founder of Bluebulb, said the move was inspired by his personal experience navigating payment and remittance challenges faced by African businesses.

“Africa’s challenge was never ambition — it was the absence of trusted rails to move value with compliance and speed. That’s why we built Bluebulb,” Daramola said.

Daramola noted that his firsthand experience with the complexities of cross-border finance inspired the creation of Bluebulb to close the gap for African enterprises.

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Since its inception, the fintech has supported more than 2,000 business customers across 35 countries, facilitating transactions for over 800 African corporations in 2024 alone, according to company data.

Seun Oladimeji, Bluebulb’s director of business growth, emphasised the company’s mission to modernise how African businesses participate in global trade.

“The global market moves over $190 trillion annually across borders (Statista 2024), yet African businesses remain constrained by outdated systems. Bluebulb is changing that,” Oladimeji said.

As part of its Nigerian debut, Bluebulb also announced the rollout of an AI-powered self-service treasury dashboard, designed to give Chief Financial Officers (CFOs) and treasury teams real-time visibility into their financial operations.

The platform integrates automated compliance checks and predictive analytics to help businesses manage liquidity and international payments with greater confidence.