In Nigeria’s crowded fintech space, one name is beginning to stand out, not for flashy billboards or celebrity endorsements, but for something far simpler and more powerful: letting users send money for free and spend globally with ease.
Meet Platnova, a fast-growing digital finance platform that’s addressing two of the most frustrating financial pain points for Nigerians: high bank transfer charges and limited access to international payments. While many fintechs are optimizing existing services, Platnova is taking a more radical approach: removing charges entirely.
Platnova has introduced completely free Naira transfers to all Nigerian bank accounts. Unlike traditional banks and most wallet services, Platnova doesn’t charge users for local transactions, a bold move in an industry where transfer fees have become the norm. It’s not just a nice-to-have; in an economy where users are hyper cost-conscious, zero fees can be a game-changer.
The Hidden Cost of Sending Money in Nigeria
Every day, millions of Nigerians pay fees just to transfer money. With charges ranging from ₦10 to ₦50 per transaction, it might seem negligible—until it isn’t. Bank transfers have become a hidden tax, costing users thousands of naira every year just to move their own money.
According to 2023 data from the Nigerian Inter-Bank Settlement System (NIBSS), over 1.7 billion electronic transfers were made across Nigeria. With an average fee of ₦20 per transfer, users may have collectively spent over ₦34 billion in transfer charges alone, money that could have gone towards food, fuel, or savings.
Platnova has decided to challenge this status quo by making all Naira transfers completely free — no convenience fees, no hidden charges, no caps. Whether you’re paying your plug, sending money to family, or moving funds between banks, Platnova users pay ₦0 per transaction.
“We introduced free naira transfers on Platnova because we know how tough the country is already, and we don’t want everyday Nigerians to lose money on the most basic financial actions,” says Benjamin Oyemolan, CEO and co-founder of Platnova. “You shouldn’t be taxed for moving your own money. Free transfers are not a promo for us, it’s a principle.”
Global Spending Made Easy
But Platnova isn’t stopping there. With ongoing FX challenges and restrictions, many banks have paused international transactions. Freelancers, students, and digital business owners are left stranded, unable to receive international payments and pay for essential global services, including Apple Music, Spotify, Amazon, Canva, Netflix, Coursera, and even Meta and Google ads.
So, in response to the rising demand for international payments and the dollarization of online commerce, the platform has also rolled out USD virtual accounts and USD virtual cards, enabling the estimated 3.7 million Nigerian freelancers to receive smooth dollar payments and pay for global services without needing a domiciliary account or going through parallel market stress with seamless conversion and competitive rates, giving users a smooth on-ramp into the global economy.
“Our mission is simple — make money movement affordable and accessible for everyday users,” says the Platnova team. “Nigerians are already doing so much with so little. We want to give them tools that save money and expand possibilities.”
More Than Just a Wallet
While the app also supports multi-currency wallets, international bill payments, lifestyle, tuition payments, and crypto exchange features, it’s the free transfers, free USD accounts, and virtual dollar cards that have sparked user interest recently. For students, freelancers, SMEs, and everyday consumers, Platnova is emerging as an alternative to the traditional banking experience, one that feels faster, cheaper, and more global.
With an intuitive mobile app and growing user base, Platnova’s approach highlights a larger trend: users no longer want to just store money; they want to do more with it, with fewer restrictions and more value.
Why It Matters
In a country where inflation remains stubbornly high and trust in traditional banking continues to erode, value-driven fintechs like Platnova are finding traction. By removing fees and increasing access, Platnova isn’t just offering convenience, it’s offering relief.
With thousands of users already switching to the platform and referral-based growth accelerating, Platnova could be on its way to becoming a serious challenger in the digital finance space.
In 2025, everything’s smart, mobile, and fast, yet banks and outdated platforms are still draining your wallet with hidden fees.
Platnova is changing that. No transfer charges. No FX stress. Just smooth, global money moves.
It’s time to upgrade your money habits.
Switch to the platform that respects your wallet.
Send money for free. Spend globally. Download Platnova today.
About Platnova
Platnova is a global financial lifestyle platform designed to help Africans at home and in the diaspora easily move money, manage their finances, and access global services. With support for 13+ currencies and operations in over 50 countries, Platnova offers multi-currency wallets, virtual cards, lifestyle bookings, crypto tools, bill payments, and more — all from one simple and secure app.
