Hizo is a pioneering fintech company that has brought actionable solutions to the problem of remittance in Africa. Hizo believes that sending and receiving money across borders should not be complicated, especially not as much as it is currently. For too long, Africans have faced high fees, slow transactions, and limited options when it comes to making payments internationally. That’s why we’re excited to announce a major step forward—Hizo has officially acquired a Money Services Business (MSB) license in Canada. This means we can now process international transactions faster, cheaper, and more securely, making life easier for both individuals and businesses.
Why This Matters
If you’ve ever tried to send money abroad or receive payments from outside Nigeria, you know how frustrating it can be. Unpredictable exchange rates, long processing times, and hidden fees have made global payments stressful. For businesses, these issues can slow down operations and make it harder to expand internationally.
The MSB license is a game-changer for Hizo and our customers. It allows us to operate legally as a financial service provider in Canada, meaning we no longer need to rely on third-party institutions to process payments. This gives us more control over transaction speeds, costs, and security. Without an MSB license, fintech companies like ours must work with intermediaries to send money across borders. These middlemen often charge hidden fees, delay transactions, and make the process more complicated than it should be. Now, with this license, we can eliminate these roadblocks.
A Game-Changer for Nigerian Businesses
Nigeria is full of hardworking entrepreneurs and businesses who work tirelessly to grow their businesses into international entities. But unreliable payment systems have made this more difficult than it needs to be. Many businesses struggle with failed transactions, long processing times, and expensive fees when dealing with international clients.
Now, with our MSB license, we can provide businesses with a stress-free way to handle cross-border payments. No more waiting for days to receive funds. No more outrageous charges eating into profits. We are here to support Nigerian businesses in their quest to go global
What This Means for You
With this new development, Hizo customers can now enjoy:
- Faster Transfers – Say goodbye to long waiting periods. Your payments will be processed quickly and efficiently.
- Lower Fees – We are committed to making international payments affordable by reducing costs and eliminating unnecessary charges.
- More Security – Every transaction follows strict financial regulations, ensuring your money is safe and protected.
And this is just the beginning. Hizo’s vision is to make financial transactions as easy as possible for Nigerians everywhere. We want to create a world where using your Naira outside Nigeria is as easy as spending it at home. Our goal is not just to build a platform, but to create financial freedom. In the coming months, we will roll out more features to improve your experience. Expect better mobile apps, more currency options, and even greater security measures.
Final Thoughts
At Hizo, we are not just another fintech company. We are a movement. A movement that believes Africans deserve better when it comes to financial transactions. With our MSB license in Canada, we are taking a major step toward making remittance faster, cheaper, and more reliable.
We are here to make sure you never have to worry about sending or receiving money again. We are here to connect you to the world. We are here to build a future without borders.
Join us on this journey. The future of payments is here, and it starts with Hizo.
