Raenest, a Nigerian fintech that gives freelancers and businesses foreign-currency accounts for receiving international payments, acquired UK-based payments company Remitise for an undisclosed amount, according to Condia. CEO Victor Alade said the deal gives Raenest more control over the infrastructure its products run on and will strengthen its ties with financial institutions. Remitise adds to the licenses Raenest already holds, which include money services business and payment service provider licenses in Canada and an international money transfer operator license in Nigeria. Raenest, which raised an $11M Series A in 2025, has since expanded into the US, India and Pakistan and says it has handled $2B in total payment volume.
