Payment Platform Oneremit Targets B2B Settlement Delays
Businesses using Oneremit can expect improved payment reliability through the firm's new stablecoin and infrastructure partnerships.
Updated on Oct. 15, 2026 in Financial Services
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Oneremit has processed over $200 million in outgoing transactions since its 2024 launch, positioning itself as a cross-border payment platform for over 1,000 businesses. The company focuses on minimizing settlement delays and unclear foreign exchange fees by integrating compliance-focused infrastructure.
Why it matters
Operators face significant friction in international B2B payments, specifically regarding opaque fees and unpredictable settlement timelines. Oneremit targets these operational pain points by embedding compliance rigor and stablecoin infrastructure into its core payment flow.
Oneremit has processed more than $200 million in outgoing transactions for over 1,000 businesses across 100 currencies. While the company maintains regulatory licences in Canada, the U.S., and Nigeria, its total market share within the cross-border B2B sector remains unknown.
The players
Oneremit
A 2024-founded cross-border payment firm that facilitates currency transactions for businesses using integrated compliance and stablecoin infrastructure.
Hammed Adewumi Afenifere
The CEO of Oneremit who emphasizes regulatory compliance and transaction reliability as the primary drivers for cross-border payment growth.
TerraPay
A payment infrastructure partner that helps Oneremit expand its reach across various global payment corridors.
Blockradar
A technology provider that supplies Oneremit with the infrastructure necessary to utilize stablecoins for cross-border settlements.
The details
Oneremit addresses settlement failures and transaction delays by embedding compliance protocols directly into its payment operations. By partnering with TerraPay for broader payment corridors and Blockradar for stablecoin infrastructure, the company bypasses traditional clearing hurdles. This approach is intended to provide businesses with more predictable currency exchange and faster settlement times.
Timeline
Oneremit was established in 2024.
The company hosted a roundtable with 40 senior finance executives in August 2026.
Market Landscape
Oneremit's strategy aligns with the broader industry effort to bypass inefficient traditional banking rails. It follows a growing trend of non-bank providers attempting to disrupt the long-standing B2B cross-border payment settlement delay cycle.
Operators currently navigating volatile cross-border settlements should monitor whether integrating non-bank payment rails improves liquidity and lowers FX overhead. When evaluating these providers, ensure that regulatory licensing in target jurisdictions—such as the upcoming UK and Ghana expansions—aligns with your firm's compliance requirements.
The takeaway
Reliable cross-border payments now increasingly rely on stablecoin infrastructure and expanded corridor partnerships rather than traditional banking legacy systems. Owners should audit current settlement delay metrics to determine if their current provider offers sufficient operational transparency regarding exchange fees.
Further reading
For broader analysis on industry shifts in international payments, see Financial Services.
Source note: This article includes information reported by The Sun Nigeria.
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