Pryme
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Pryme Personal

Money with a heartbeat.

Meet Eva, the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals and follows up. Nothing leaves your account without your approval.

Meet Eva, the assistant inside the Pryme app. She holds dollars, pounds, euros and Naira side by side, swaps at a locked rate, pays bills in any of them and sends anywhere, asking before anything moves.

HomeEvery currency, every Box and every card on one screen.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Savings BoxesFlexible, Fixed, Investment and Interest-free, side by side.
Create a BoxPick the type, name the goal. Eva works out what to move, and when.
LoansSpaces credit and Salary Advance. Draw only what you need.
Invite friendsThree friends, ₦50,000 each, and ₦20,000 lands with you.
YouEva’s voice, your plan, your address and every security control.
Duress signalA word that looks normal on screen while your people are alerted.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Swap at the live rateOr name the rate you want and she swaps the moment it lands.
One card, every currencySpend from whichever balance suits, and freeze it from the app.
What Eva may do without askingStanding permissions, a voice, and a record of every rule you have given her.
Receipts anyone can verifyRegular or certified statements, e-signed and checkable by whoever receives them.
Open a personal account How we keep your money safe
Pryme app: Home
Pryme app: Chat with Eva
Pryme app: Savings Boxes
Pryme app: Create a Box
Pryme app: Loans
Pryme app: Invite friends
Pryme app: You
Pryme app: Duress signal
Pryme app: Chat with Eva
Pryme app: Swap at the live rate
Pryme app: Multicurrency card
Pryme app: What Eva may do without asking
Pryme app: Receipts and statements
MoneyAgentsApprovalAgentsEvery currencyYour approval

Open an account. Get money to spend.

Global money. Intelligent growth.

We give you a limit to spend at the shops and services you already use — and an account that works on your month while you get on with it. Dollars, pounds and euros sit beside your Naira, and an assistant handles the running of it, asking you first every single time.

One global account for your money and business. Move across currencies, automate everyday operations and put AI agents to work — with you in control of every important decision.

Open Personal or Business Account Already with us? Log in
Open a Business account Download the app for Personal Open an account from anywhere
Pryme app home: every currency on one balance
Personal · the app in your hand
Salary landed₦920,000 from John Doe Ltd · Naira account
Done
Move ₦100,000 to your Rent Box?Keeps ₦127.9m liquid · earns 18% p.a.
Approve
Paid Ikeja Electric₦18,400 · token sent by SMS
Done
Swap $200 → ₦310,000?Rate locked at ₦1,550 for 30 s
Approve
Held a ₦150,000 transferNew payee · unusual hour · needs you
Review
Received $2,400From a client · USD account
Done
Swap $200 → £—?Rate locked for 30 s
Approve
Paid the light bill at home₦18,400 · Ikeja Electric
Done
Keep $1,000 liquid, save the rest?$1,400 → Flexible Box
Approve
Held a £2,000 transferNew payee · needs you
Review
Eva is live
500,000+customers, personal and businessScan to get the app
Get the appScan with your phone camera
Regulated partnersEvery currency held with a licensed institution in its market
Solid AllianzeCBNNDIC
Scan to get the app
Get the appScan with your phone camera
Instant settlementOur own core ledger: swaps land at once, every receipt verifiableScan to get the app
Get the appScan with your phone camera
Agents with a mandatePowered by Pryme Intelligence. Nothing moves without youFlip
Pryme Intelligence
Eva, the assistant that runs a Pryme accountEvayour assistant
The Chief of Staff agent on a Pryme Business AccountDanielChief of Staff
The Finance agent on a Pryme Business AccountBenFinance
PrymeBruceCare
Inside a mandate you write. Every action logged.
Multi-currency30 currencies on one balanceFlip
Locked rates30 s
🇺🇸 1 USD—
🇬🇧 1 GBP—
🇪🇺 1 EUR—
The rate you see is the rate you get.
10 years2016 to today, one trunkScan to get the app
Get the appScan with your phone camera
Business Account

Open an account. Get customers.

Your competitor down the road sells the same thing you sell. The difference is who walks in. We put money in people’s hands that can only be spent in businesses like yours — and then we point them at you.

The Pryme Business home page: three currency balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into
Spaces · Nigeria

We hand the customer the money. It can only be spent with you.

You are not borrowing. You are selling to somebody who already has the money — and that money can only be spent with a business like yours.

The business · Pryme Business
johndoe.mypryme.com · Spaces

Spaces Showing 30 days

Spaces is onshoppers near you can see your shop
Spaces brought you · 30 days ₦2,578,550.00 104 sales from 71 shoppers ▼ 4% on the period before
Where the money came from
91% shoppers who had been in before 9% first visit to your shop
21 of 71 came back more than once Average basket ₦24,793.75 Biggest shopper ₦142,300.00
24 Jul returningnew to you 22 Aug
Money on its way to you confirmed at the counter · on its way to your Naira account
Confirmed at the counter ₦47,150.002 sales today · final the moment they paid
Sales of 23 Aug₦90,9503 sales · confirmed
Sales of 24 Aug₦196,2005 sales · confirmed
Sales of 25 Aug₦47,1502 sales · confirmed
nothing for you to do · it arrives on its own
Lands in your NGN account ₦334,300.0010 sales in flight
The shopper · Pryme app
4:34
‹
BorrowLoans
SpacesSalary Advance
Spaces credit₦21,450 available
Repay ₦78,550
₦78,550 in use₦100,000 limit
Hold 25% · repay 2 more early to drop to 20%

₦100,000 from day one · agreement v2.1 · 12 Aug · View

Near youCategories 9Your loans 9
🛒Grocery / Retail4 places
🍽Eateries / Restaurants4 places
💊Pharmacies3 places
🎬Movies & Cinema3 places
🚌Transport3 places
💇Spa’s & Saloons3 places
Say “Hey Pryme”🎤
HomeBoxes CardsYou
Freeto join, nothing monthly. You are in the app the day you switch it on.
You get paidthe sale settles into your Naira account. Nobody to chase.
Zero riskwe carry the credit, whether or not the shopper repays us.
You growfaces that had never been to your shop — and most come back on their own.
The account

One account. Every currency you trade in.

Pryme Business4 currencies · one ledger
Base
₦127,328,879.23NGN · Nigerian Naira
$1,240.00USD · US Dollar
£480.00GBP · Pound Sterling
€310.00EUR · Euro
  • A named Naira account with Solid Allianze MFB — NDIC insured, your business name on it.
  • Real details abroad. A US account number, a UK sort code, an IBAN for the euro area.
  • Every currency has its own statement — regular or certified, with a code anyone can verify.
Swapping · in the app
4:34
‹···
Current account · NGN ₦127,328,879.23
SwapBoth balances move at once, on one ledger
Fill it inAsk Eva
$1 = ₦1,650.00
FromNGN ▾
250,000Available ₦127,328,879.23
ToUSD ▾
151.52after swap $1,391.52
Rate$1 = ₦1,650.00
Fee—
You get$151.52
NowWhen it hits

Eva waits for your rate and asks before she moves anything.

Target rate
$1 =1,585.00₦
Set the watch
Pryme Pay

Take money on your site, or on a checkout of your own.

No card, no OTP, nothing for the buyer to type in. They transfer from the bank app they already use, and the money lands in the same account your agents are running — already matched to the order, already in your books.

Pay from your bank app

We give the buyer a one-time account number. They transfer to it from any bank app or by USSD — no card, no OTP, nothing to type in.

Get the account number
  • Card details are never asked for, so they cannot leak.
  • The account is used once, then it closes.
  • Held with a licensed bank, insured by the NDIC.
Transfer exactly this amount

To this account, from any bank app. We watch it, and the page updates itself.

Send exactly₦26,767.50Copy
BankSolid Allianze MFB
Account number0000 000 000Copy
Account namePRYME / JOHNDOE‑ORD1042
Watching the account — nobody has to confirm anything.
Payment received

₦26,767.50 from GTBank · John D., matched to order ORD‑1042.

OrderORD-1042
Settled intoJohn Doe Trading Ltd · Naira account 0000 000 000
Receiptsent to the buyer
Get your receiptRun it again
Your checkout, your brand.On the site you already have, in your colours, on your own domain — or on a page we host for you.
A link for anything you sell.One price, one buyer, one link — sent on WhatsApp, Instagram or email, and paid the same way.
It lands already reconciled.Matched to the order, receipt issued, and in your books before you have looked at it.
Business Account

A team you did not have to hire.

Five agents come with the account. Each one has a job description, a budget and a ceiling you set. They do the work and bring it to you — nothing leaves the account without your signature.

CS Chief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised — and keeps all three moving.

Booked a meeting with John Doe Foods for Thursday 11:00.
FI Finance Watches the money

Keeps the books as you trade and tells you the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SA Sales Chases what is owed

Goes back to the buyers who went quiet, with the receipt already attached.

Recovered ₦410,000 across three overdue invoices.
SU Customer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Build on Pryme

Our rails, under your product.

Issue a dedicated Naira account number to each of your own customers, collect into it and reconcile against it. The same rails the Business Account runs on, with the licence behind them.

Read the API
Pryme Business

One business account. Every currency you trade in.

Dollars, pounds and euros beside a Naira account, on one ledger and one set of books. Five agents come with it and run the account — nothing leaves without your signature.

The Pryme Business home page: Naira, dollar and pound balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into

A team you did not have to hire

Five agents come with the account. Each has a job description, a budget and a ceiling you set. They do the work and bring it to you — they propose, you approve.

CSChief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised, and keeps all three moving.

Booked the quarterly review with your auditor for Thursday.
FIFinance Watches the money

Keeps the books in every currency you hold and flags the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SASales Chases what is owed

Goes back to the buyers who went quiet, with the invoice and the receipt already attached.

Recovered $12,400 across three overdue invoices.
SUCustomer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Open a business account

Ten years, one trunk

The business has changed shape four times and never changed what it was rooted in. Each version was built out of what the last one could not do.

2016E-commerce

An online grocery store, built out of a faulty tab. Selling the food was the easy part — taking the money for it, and moving it, turned out to be the business.

2018OjirehPrime Card

A prepaid card. The first time the company issued rather than resold, and the first time it carried the obligations that come with holding somebody else’s money.

2020Microfinance bank

PrymeSolid Allianze acquired — an existing bank with an existing licence. The perimeter stopped being someone else’s to draw.

2023Multicurrency

More than one currency on one balance, and the rebrand to Pryme. A Nigerian business could hold dollars without holding a second institution.

2026Agentic operations

Accounts that do the work rather than only hold value. Five agents on the account, inside a policy you write — which is where the new mark starts.

Questions

The things people ask us first.

What is Pryme?

Pryme is a financial technology company. It gives people and businesses in Nigeria one account that holds Naira alongside dollars, pounds and euros, and a set of agents that do the running of it — keeping the books, chasing what is owed, answering customers and paying bills. Nothing leaves an account without the owner’s approval.

Can I hold dollars, pounds and euros in a Pryme account?

Yes. A Pryme account holds Naira, US dollars, pounds sterling and euros side by side on one ledger, each with its own account details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area. You can swap between them at a rate you set, and every currency has its own statement.

What is Spaces?

Spaces is available in Nigeria. It gives a shopper money to spend that can only be spent with a participating business. The business is paid into its Naira account whether or not the shopper repays, because Pryme carries the credit. For the business it is free to join, there is nothing monthly, and the customer’s identity is never shown — only a reference and what it is worth.

What do the agents on a Pryme Business Account do?

Five agents come with the account. The Chief of Staff runs the week and keeps what is stuck moving. Finance watches the money and keeps the books as you trade. Compliance keeps the filings on time and screens what moves. Sales chases what you are owed. Customer Support answers your customers and follows up. Each has a job description, a budget and a ceiling you set, and each one proposes rather than acts — nothing leaves the account without your signature.

How does Pryme Pay work?

Pryme Pay takes payments on your own site or on a checkout page you control. The buyer is given a one-time account number and transfers to it from any bank app or by USSD — no card, no OTP, nothing to type in. The money lands in the same account your agents are running, already matched to the order and already in your books.

What are Savings Boxes?

Savings Boxes are separate pots inside a Pryme account, held in Naira. Flexible Boxes can be withdrawn at any time, Fixed Boxes hold to a date, Investment Boxes hold for longer, and Interest-free Boxes earn nothing by design. A business can use them to ring-fence payroll and the tax it withholds, so that money cannot be spent by accident.

Who holds my money, and is it protected?

Pryme is a financial technology company, not a bank. Accounts and deposits are provided by Solid Allianze Microfinance Bank Limited, which is licensed by the Central Bank of Nigeria and is a member of the Nigeria Deposit Insurance Corporation.

Can I build on Pryme?

Yes. Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

What is Pryme?

Pryme is a financial technology company. It gives you one account that holds US dollars, pounds sterling and euros beside Naira, with an assistant that runs the account for you and asks before anything moves. Accounts are provided in Nigeria today, and further markets open as each licence lands.

Can I open a Pryme account from outside Nigeria?

Accounts are provided in Nigeria today, subject to verification and approval. Foreign-currency balances are held and converted inside that account, so you can hold, receive and swap dollars, pounds and euros wherever you are.

Which currencies can I hold with Pryme?

Naira, US dollars, pounds sterling and euros, side by side on one ledger. Each has its own details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area — and each has its own statement.

How do I send money to Nigeria with Pryme?

Swap at a rate you set rather than the rate of the day, then send to any Pryme username or to a Nigerian bank account. There is no fee to send to another Pryme account.

What does the assistant do?

Eva is the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals, pays what is due and follows up what is owed to you — and asks you before anything moves.

What is Pryme Rails?

Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

The Ledger

Notes on money that does the work: what we are building, what the regulation actually says, and how we think about letting software act on money. Read the Ledger

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Home · The Ledger · Is your money safe in a Nigerian fintech?
Explainers · Nigeria

What happens to your money if a fintech shuts down

If a Nigerian fintech app closes, your money's fate depends on who held it: a partner bank, an MFB, an investment custodian or nobody. What to do next.

PE
Pryme editorialSafety · 16 Oct 2026 · 5 min read

Part of the guideIs your money safe in a Nigerian fintech?

The short answer

If a Nigerian fintech app shuts down, deposits held at a licensed partner bank stay with that bank and should be paid out or moved; if the licensed deposit holder itself fails, the NDIC pays insured amounts up to ₦2 million (microfinance bank) or ₦5 million (commercial bank). Invested money should be held by a custodian and returned, while money held by an unlicensed operator has no insurance and may only be recovered through the courts.

Fintechs close for ordinary business reasons: funding runs out, the company is acquired, or the founders change direction. In 2026 alone, Nigerian users have seen Brass move its business banking into Paystack Microfinance Bank, Allawee announce the closure of its accounts after a Paystack acquisition, and Gigbanc announce it was winding down. A closure is not the same as a bank failure, and the outcome depends on where your money actually sat. This article sits under our guide is your money safe in a Nigerian fintech?

Four scenarios, four outcomes

Where your money was heldIf the app closesProtection
Deposit at a licensed bank or MFB that keeps operatingMoney stays with the bank; you are given time to withdraw, or are migrated to another productYour deposit is intact; NDIC cover still applies to that bank
Deposit at a licensed bank or MFB that itself failsThe CBN revokes its licence and the NDIC becomes liquidatorNDIC pays up to ₦5m (commercial bank) or ₦2m (MFB); the rest from recovered assets
Investment (T-bills, fund units) held by a custodianAssets should be returned or transferred by the custodianSEC rules and custody, not NDIC
Money held by an unlicensed operatorNo regulated processNone; recovery through police, EFCC or court action

The first scenario is by far the most common. When a technology company closes, the licensed institution holding the deposits usually does not. The money is still there; the problem is getting to it without the app you used.

What a normal wind-down looks like

Allawee's closure, announced for 1 December 2026, shows the usual pattern. Customers were told to:

  1. Withdraw balances before a deadline (30 November 2026).
  2. Give new bank details to anyone who pays them, because payments to the old account numbers would fail from the closure date.
  3. Replace saved card details on subscriptions, because the cards would stop working regardless of the printed expiry date.
  4. Open new accounts elsewhere if they wanted to stay with the group. Balances, account numbers and histories would not transfer automatically.

Customers who missed the deadline were told their balances would remain recorded and could be claimed through a manual payout from the acquirer's MFB, which could take longer. That is what a well-run exit looks like: notice, a deadline, a named contact and a route for late claims.

Brass took a different route. Its business banking was moved into Paystack Microfinance Bank, with a migration deadline of 31 July 2026 for customers who opted in. Migrations change the institution that holds your money, so check the new deposit holder on the CBN and NDIC lists, as described in our guide to checking a CBN licence.

Early warning signs

Closures are rarely a complete surprise. Brass customers reported delays in getting to their funds in late 2023, months before the company was sold in 2024 and two and a half years before its banking moved to Paystack MFB. Signs worth acting on:

  • Withdrawals or transfers that stay "pending" for hours or days, more than once.
  • Support that stops answering, or answers with the same scripted delay message.
  • Features quietly switched off, such as cards, savings products or foreign-currency accounts.
  • A sudden jump in the interest rate offered on deposits, which can signal a scramble for cash.
  • News of layoffs, a failed funding round or a regulator's sanction.

None of these proves a provider is failing. Together, they are a reason to move most of your balance and keep only what you need in the app.

When the deposit holder fails

If the bank or MFB behind the app loses its licence, the Nigeria Deposit Insurance Corporation (NDIC) takes over as liquidator. It has 30 days by law to pay insured deposits and uses BVN records held by NIBSS to find your accounts at other banks and pay you directly. After the CBN revoked 46 MFB licences on 1 July 2026, the NDIC reported paying ₦1.48 billion to 10,312 depositors of 47 recently closed MFBs by 31 July. Money above the insured limit is repaid over time as the failed bank's loans and assets are recovered.

For the numbers and how balances are added up, see our explainer on NDIC deposit insurance limits.

A worked example

Kemi keeps ₦2,600,000 in a fintech app. Its terms say deposits are held by a licensed MFB. The fintech announces it is closing in 60 days.

  • Day 1: she screenshots her balance and downloads statements, then moves ₦2,600,000 to an account at another bank she has checked on the CBN and NDIC lists.
  • Day 2: she updates her employer and two clients with her new account details and cancels card subscriptions.
  • If she had waited and the MFB itself had failed during the wind-down, NDIC would have paid up to ₦2,000,000 quickly, with the remaining ₦600,000 dependent on asset recovery.

Acting early costs nothing. Waiting adds risk for no benefit.

What to do if your app announces it is closing

  1. Confirm the announcement is real. Check the app itself, the official website and the company's verified social accounts. Scammers copy closure notices to collect "withdrawal fees". A legitimate provider will not charge you to get your own money back.
  2. Save your records. Download statements and take screenshots of balances, account numbers and any savings or investment positions.
  3. Withdraw or move funds early to an account you have checked.
  4. Update everyone who pays you and every service that debits you.
  5. Ask about investments separately. Find out which custodian holds them and how they will be redeemed or transferred.
  6. If money is not returned, complain in writing and escalate. Our guide on how to complain about a bank or fintech sets out the route to the CBN, FCCPC and SEC.

Where Pryme fits

Pryme Financial Ltd is a technology company, not a bank; in Nigeria, Naira deposits are held by Solid Allianze Microfinance Bank Ltd, licensed by the CBN and insured by the NDIC up to the applicable limit per depositor (currently ₦2,000,000 for a microfinance bank). In other words, your Naira deposits sit with the licensed bank, not with the app company, which is the arrangement the first two rows of the table above describe. The Investment Savings Box works differently from the other Boxes. The money in it funds Solid Allianze's lending, including Spaces credit, which is where its return comes from and why it is held to a fixed date. That means the return depends on how the lending book performs, and the money is not available before maturity. Check the terms in the app for how it is protected before you put money in. See How it works and our entities page for the structure.

Personal and Business accounts can be opened from any country, which suits people in the diaspora, freelancers and foreign firms; Savings Boxes and credit remain Naira-only. Outside Nigeria, Pryme's activities are carried out through regulated partners. Whatever app you use, the steps above apply: keep statements, know the name of the institution that holds your money, and act early on any closure notice. For the full set of checks on any provider, read our guide to fintech safety in Nigeria.

Questions people ask

Will I lose my money if my fintech app closes?

Not if it was a deposit at a licensed bank or MFB; that money stays with the bank and should be paid out or moved. You can lose money if it was held by an unlicensed operator.

What happens to my money if a microfinance bank closes?

The NDIC becomes liquidator and pays insured deposits up to ₦2,000,000, often directly into another account linked to your BVN. Amounts above that are repaid later from recovered assets.

How long do I have to withdraw when a fintech closes?

It depends on the notice the company gives. Recent Nigerian closures have given weeks to months. Act in the first days, not near the deadline.

Can I claim my balance after the closure deadline?

Often yes, if the deposit was at a licensed institution, but expect a slower manual process. Keep statements and screenshots as evidence.

Is a fintech closure the same as a bank failure?

No. A closure means the app company stops operating; the licensed bank holding deposits usually continues. A bank failure means the deposit holder itself loses its licence, which is when NDIC insurance applies.

Sources

  1. Legit.ng: Allawee shuts accounts, customers given deadline to withdraw funds · accessed Oct 2026
  2. Techeconomy: Brass migrates to Paystack MFB (Jun 2026) · accessed Oct 2026
  3. TechTrends: Nigerian fintech Gigbanc winds down operations (Jul 2026) · accessed Oct 2026
  4. Legit.ng: NDIC begins paying depositors of 46 failed microfinance banks (Jul 2026) · accessed Oct 2026
  5. Arise News: NDIC pays N1.48bn to 10,312 depositors of 47 failed microfinance banks (Oct 2026) · accessed Oct 2026
  6. Africa Check: Nigeria's central bank revoked 46 microfinance bank licences, what happens now · accessed Oct 2026
  7. Nairametrics: NDIC raises deposit insurance coverage, May 2024 · accessed Oct 2026

This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.

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