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 · Doing business with Africa: paying and getting paid in Nigeria
Explainers · UK, US, Canada, Europe

Nigeria and the FATF grey list: what changed for business

Nigeria left the FATF grey list in October 2025 and the EU high-risk list in January 2026. What that changes for UK, EU and US firms, and what it does not.

PE
Pryme editorialCompliance · 16 Oct 2026 · 5 min read

Part of the guideDoing business with Africa: paying and getting paid in Nigeria

The short answer

The FATF removed Nigeria from its grey list of jurisdictions under increased monitoring at its 22–24 October 2025 plenary, and the EU's removal of Nigeria from its high-risk third country list took effect on 29 January 2026. For UK and EU firms, Nigeria-linked business no longer triggers mandatory enhanced due diligence just because of the country, but sanctions screening, ownership checks and risk-based due diligence still apply.

Between February 2023 and October 2025, every UK or EU firm dealing with a Nigerian counterparty had to treat that relationship as higher risk by default. That rule has gone. This article sets out what changed, on what dates, and which checks remain. For how compliance fits with FX, tax and payments, see the parent guide on paying and getting paid in Nigeria.

The timeline

DateEvent
February 2023FATF places Nigeria on its list of jurisdictions under increased monitoring (the grey list).
2023–2025Nigeria works through a 19-point action plan with FATF and GIABA, the West African FATF-style body.
22–24 October 2025FATF plenary in Paris removes Nigeria, with South Africa, Mozambique and Burkina Faso, commending it for completing the action plan on time.
3–4 December 2025European Commission adopts Delegated Regulations (EU) 2026/46 and 2026/83, amending its high-risk third country list.
29 January 2026The EU amendments enter into force. Nigeria, Burkina Faso, Mali, Mozambique, South Africa and Tanzania leave the EU list.

Why Nigeria came off

The FATF cited reforms across law, institutions and supervision. The main ones:

  • The Money Laundering (Prevention and Prohibition) Act 2022 and the Terrorism (Prevention and Prohibition) Act 2022, with sector regulations under them.
  • An operational beneficial ownership register, so the real owners of Nigerian companies can be identified.
  • Stronger supervision of designated non-financial businesses and professions, such as lawyers, accountants and dealers in high-value goods.
  • Better cooperation between agencies, including the Nigerian Financial Intelligence Unit and the Economic and Financial Crimes Commission, and more cross-border intelligence exchange.

What changed for UK, EU and US firms

United Kingdom

Since January 2024, the UK Money Laundering Regulations no longer carry their own list of high-risk third countries. Regulation 33 instead points to the FATF's two public lists: the call-for-action list and the increased-monitoring list. Enhanced due diligence (EDD) is mandatory for business relationships with persons established in a country on either list. Because the definition follows the FATF, Nigeria stopped being a UK high-risk third country when the FATF removed it in October 2025. Some secondary guidance pages may still show older lists, so check the FATF's current publication rather than a cached summary.

European Union

EU obliged entities apply EDD to the countries on the Commission's own list. From 29 January 2026 Nigeria is off that list, which now contains 26 countries. EU banks and payment firms can therefore stop applying country-based EDD to Nigeria, though their own risk assessments may still rate Nigeria above average.

United States

US firms were never bound by a formal grey-list EDD rule in the same way, but the delisting feeds into banks' country-risk scoring. The US sanctions regime is unaffected: OFAC's list continues to include Nigerian names, and in 2026 it published designations of 27 Nigerian individuals, businesses and groups, including bureaux de change, under terrorism and cyber programmes.

What did not change

  • Sanctions screening. Delisting is about anti-money laundering systems, not sanctions. Screen every counterparty against the UK OFSI, US OFAC, EU and UN lists that apply to you.
  • Risk-based due diligence. You must still assess each relationship on its own facts: sector, structure, transaction pattern and source of funds.
  • Beneficial ownership checks. Nigeria's register makes these easier, but you still have to do them. Our article on how to verify a Nigerian company before you pay it lists the steps.
  • Nigerian KYC on the other side. Nigerian banks still require a BVN or NIN for account holders and still document FX payments. See Form A and Form M explained.
  • Fraud risk. Invoice redirection and impersonation attempts are unaffected by FATF status.

A worked example: onboarding a Lagos distributor

A Dutch food manufacturer wants to appoint a Lagos distributor and expects €400,000 a year in sales. In 2024, Nigeria's EU listing meant the manufacturer's bank applied EDD to every payment from the distributor: source-of-funds questions, senior approval and extra monitoring. In October 2026, those steps are no longer required because of the country alone.

  1. The manufacturer still screens the distributor, its directors and its owners against sanctions lists.
  2. It confirms the company's registration and beneficial owners.
  3. It agrees payment routes in the contract: from the distributor's own corporate account only, never a third party.
  4. It sets a monitoring trigger, for example a payment over €50,000 or a change of paying bank, that prompts a manual review.
  5. Its bank, freed of mandatory country-based EDD, can process payments with standard due diligence unless something in the relationship itself raises the risk.

Analysts expect the delisting to ease correspondent banking and reduce compliance costs on cross-border payments over time, but those benefits build gradually as banks update their internal risk ratings. The Nigeria business guide covers the payment routes those banks use.

Updating your own risk assessment

If your firm is regulated in the UK or EU, your business-wide risk assessment and customer risk scoring probably still carry a flag that made Nigeria high risk by default. Updating them is the practical step most firms have not yet taken.

  1. Record the dates: FATF delisting in October 2025, EU delisting effective 29 January 2026.
  2. Remove the automatic country-based EDD trigger for Nigeria, and document why.
  3. Keep Nigeria as a factor in your country-risk score if your own analysis supports it, for example because of fraud typologies you have seen, and write down the reasoning.
  4. Re-score existing Nigerian relationships at their next periodic review rather than all at once, unless your regulator expects otherwise.
  5. Check your bank and payment providers have updated their own rules, because a stale rule at your bank can still hold up payments.

The FATF updates its lists after each plenary, in February, June and October. A country can be relisted, so build a check of the latest FATF statement into your compliance calendar.

Where Pryme fits

Compliance on a cross-border relationship is mostly repeatable checks, and the sanctions screening described above remains your firm's responsibility. Pryme's business agents, including the Compliance agent, are built and certified by Pryme Intelligence, a separate company. They prepare work inside a mandate you set, with a ceiling; above it a person decides, nothing moves without approval, and actions are recorded on an audit trail.

A Pryme Business account can be opened from any country. Pryme uses tiered verification, and Nigerian KYC rules generally require a BVN or NIN for Nigerian directors and signatories. 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; outside Nigeria, activities are carried out through regulated partners.

Questions people ask

Is Nigeria still on the FATF grey list?

No. The FATF removed Nigeria from its list of jurisdictions under increased monitoring at its plenary of 22–24 October 2025. Nigeria had been listed since February 2023.

Is Nigeria on the EU high-risk third countries list?

No. The EU's amending delegated regulations took effect on 29 January 2026 and removed Nigeria, along with Burkina Faso, Mali, Mozambique, South Africa and Tanzania.

Do UK firms still need enhanced due diligence for Nigeria?

Not because of the country alone. The UK rules link high-risk third countries to the FATF lists, and Nigeria is no longer on them. Firms still apply EDD where the specific relationship is high risk.

Does leaving the grey list affect sanctions on Nigerians?

No. Sanctions are separate. OFAC designated Nigerian individuals, businesses and groups in 2026, so screening remains essential.

Will it be cheaper to send money to Nigeria now?

Over time it may be, as banks rebuild correspondent relationships and cut compliance overheads. Analysts describe these as expected benefits rather than ones already fully realised.

Sources

  1. ALN: Nigeria removed from FATF grey list · accessed Oct 2026
  2. Afriwise: Nigeria's exit from the grey list: implications for businesses · accessed Oct 2026
  3. Bird & Bird: EU list of high-risk countries amended (2026) · accessed Oct 2026
  4. AllAfrica: EU removes Nigeria from high-risk financial list (Jan 2026) · accessed Oct 2026
  5. Law Society: High-risk third countries for AML purposes · accessed Oct 2026
  6. Legit.ng: OFAC designations of Nigerian individuals and firms (Sept 2026) · 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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