Collect for your merchants.Pay suppliers in their name.
Nilos opens an account per merchant and pays suppliers in mainland China in CNY. Every rate comes from a daily rate card you can check by API.
- Each merchant gets
- An account, in its name where the rail allows
- Buyers pay in
- 20+ local currencies, from NGN to XOF
- Suppliers get
- CNY, USD, EUR or GBP
- Sender shown
- Your merchant, with its invoice
- Onboarding
- Your KYB, if you are regulated
- $2B+processed a year
- 1M+payments
- 99.97%success rate
- MSBFINTRAC-registered, Nilos Canada Ltd
- SOC 2Type II audited
In Nigeria, Senegal, Kenya and the EU, Nilos works through licensed partners. See the licence behind each market
Your clients sell across borders.Rates still arrive on WhatsApp.
Merchants want accounts in their own name and settlement in their currency. Business clients want their suppliers in China paid fast.
Pooled accounts fail merchant checks
A prefixed, pooled account confuses buyers and fails marketplace linking. Merchants and their auditors want their own company name.
Supplier payments carry your name
A factory in Foshan sees a fintech it doesn't know as sender. It asks who paid, and the shipment waits.
KYB twice, rates by chat
You already vetted the merchant. Your provider asks for the same documents, then sends the rate in a WhatsApp thread.
Collect, settle and paymerchant by merchant.
Nilos runs an account per merchant, the FX and the supplier payment. Your platform keeps the merchant relationship.
Collect in the merchant's name. Settle in the currency it wants.
Open an account per merchant by API. Buyers pay in any of 20+ local currencies, or over a EUR IBAN. Nilos converts and settles the merchant in local currency, USD, EUR, GBP or CNY.
- Named where the local rail allows
- Otherwise in Nilos's name, with a unique reference per merchant
- African collection accounts for Asian exporters
Pay suppliers on your client's behalf.
With POBO (pay on behalf of), each payment links to your client's invoice and leaves with your client as sender. US, EU and UK suppliers get paid over SWIFT, SEPA and local USD rails.
- Invoice attached to each payment
- Your client named as sender
- CNY to Alipay and to bank accounts in mainland China
- MT103 on every SWIFT payment
Onboard sub-merchants once, on your KYB.
Where you are regulated, Nilos relies on your KYB. You send merchant data by API, we screen it, and the account opens.
- Merchant data by API, screened by Nilos
- Your KYB reused, with no second document chase
- Balances and statuses in the dashboard, a webhook on every change
Collected in naira,paid out in yuan.
A buyer in Lagos pays the merchant's account in NGN. Nilos quotes, converts and pays the supplier in mainland China in CNY, with the merchant as sender.
The products PSPs use.
Each merchant runs on all four through one API.
Live in about six weeks,reliance agreed alongside.
The API build takes about two weeks. KYB and the reliance terms run in parallel.
Map your clients
Tell us your merchant types, collection markets and supplier countries. We send the rate card and rails.
Agree reliance
We run KYB on your company and agree how your KYB covers each merchant and business client.
Build on the API
Connect accounts, quotes, POBO payouts and webhooks. About two weeks of engineering.
First live flows
Collect for a first merchant and pay one real supplier invoice. Check status and receipts end to end.
Grow by API
Add each new merchant with one API call. Turn on new markets as your clients ask.
What PSPs and fintechs askbefore moving volume.
Can each merchant collect under its own company name?
Yes, where the local rail allows. Otherwise the account is in Nilos's name, with a unique reference per merchant, and funds still reconcile.
Does our business client appear as the sender to their supplier?
Yes. With POBO, the supplier sees your client's name, linked to the invoice.
Do you re-run KYB on every sub-merchant?
No, if you are regulated. Nilos relies on your KYB and screens the merchant data you send.
We collect in Africa for Asian exporters. Do you pay mainland China or Hong Kong?
Mainland China. Nilos quotes by API, converts from 20+ local currencies, and pays CNY to mainland banks and Alipay.
Send us one merchant and one invoice.We'll show the collection and the payment.
Tell us your merchant markets, supplier countries and volumes. We'll reply with rails, the rate card and the documents for reliance.