🍁
CANADIAN DOLLAR
CAD wallet
- Fund Interac Autodeposit or Canadian EFT
- Use Exchange, send, pay bills, or spend by card
- Withdraw Interac e-Transfer or Canadian EFT
THE FLITWIRE PRODUCT PLAN
One account for money across three countries.
Flitwire is building a mobile wallet that helps customers hold, receive, exchange, send, and spend CAD, USD, and NGN without moving between disconnected apps.
🍁CanadaCAD walletInterac · EFT
★United StatesUSD walletACH · Wire · FedNow
One accountOne clear balance experience●NigeriaNGN walletNUBAN · Bank transfer
Local when money enters.
Connected when it moves.
People moving money between Canada, the United States, and Nigeria often coordinate rates informally, then use separate bank accounts and apps to complete each side of a transaction.
Flitwire brings that experience into one verified platform: local funding, clear exchange quotes, coordinated settlement, wallet-to-wallet transfers, local withdrawals, and transaction tracking.
ONE CUSTOMER ACCOUNT
Three local currency wallets.
Customers use one Flitwire login. Each currency wallet connects to locally approved banking or payment infrastructure.
★
US DOLLAR
USD wallet
- Fund ACH, domestic wire, or FedNow
- Use Exchange, send, or spend by card
- Withdraw ACH, wire, or eligible instant payment
●
NIGERIAN NAIRA
NGN wallet
- Fund Persistent virtual NUBAN
- Use Exchange, send, bills, airtime, or data
- Withdraw Any supported Nigerian bank
i Wallets and payment rails will only be activated after customer eligibility checks and the relevant provider, bank, network, and regulatory approvals.
PARTNER DISCUSSIONS
Local infrastructure, one Flitwire experience.
We plan to evaluate each organization against the complete flow of funds, API access, safeguarding, compliance, pricing, and production readiness.
Peoples Group
Primary Canadian partner candidate for Interac money movement, EFT, bill payment, account structures, safeguarding, and card-program discussions.
Synctera and sponsor bank
Canadian embedded-finance platform option for customer accounts, ledger services, EFT, cards, and approved partner-orchestrated Interac or bill-payment flows.
Lead Bank
Proposed US banking partner for USD accounts, account numbers, ACH, wires, FedNow, internal transfers, and an approved card program.
Paga
Existing Nigerian payment integration for persistent virtual accounts, automated deposit notifications, bank payouts, Paga transfers, and supported bill payments.
Equitable Bank
Secondary Canadian discussion for payment-as-a-service, deposit, treasury, or card/BIN sponsorship opportunities. Concentra is now part of Equitable Bank.
TRANSACTION FLOWS
How money moves through Flitwire.
Every flow is designed around verified ownership, balance reservation, provider confirmation, and a complete audit trail.
01
Create an account and wallets
One onboarding journey; each wallet is activated only when approved.
Customer signs up→ID and risk checks→Provider review→Approved wallets open
02
Fund a wallet locally
A unique account or payment reference links incoming money to the correct customer.
CADInterac / EFT
USDACH / Wire / FedNow
NGNVirtual NUBAN
→Provider eventVerify, reconcile, credit wallet
03
Exchange currencies
A clear quote joins two local wallet movements into one coordinated transaction.
YOU EXCHANGE500.00 CAD
⇄RECIPIENT GETSQuoted NGN
- Flitwire displays the rate, fees, and amount to receive.
- The sending balance is checked and reserved.
- Liquidity, limits, and compliance checks are confirmed.
- Both wallet entries are posted together and a receipt is issued.
04
Send wallet to wallet
Choose a verified Flitwire user, currency, and amount. The recipient receives the funds in their wallet after checks pass.
05
Withdraw or pay locally
Send to a local bank, use an approved instant rail, pay a supported bill, or spend with an issued card.
PLANNED FEATURES
One useful financial home.
The product is built around everyday utility before adding optional payment rails.
Multi-currency wallets
CAD, USD, and NGN balances under one verified account.
Currency exchange
Visible rates, fees, receiving amounts, and transaction status.
Local and cross-border send
Send to another Flitwire user or an eligible local bank account.
Interac and EFT
Canadian funding and withdrawal through contracted, approved programs.
Bill payments
Supported Canadian billers plus Nigerian electricity, airtime, data, and other services.
Physical and virtual cards
Wallet-linked spending subject to an approved issuer and card program.
Business payments
Collections, payouts, beneficiaries, receipts, and transaction history.
Safety and controls
KYC/KYB, monitoring, limits, holds, alerts, and provider reconciliation.
HOW RESPONSIBILITY WORKS
Shared infrastructure. Clear ownership.
Flitwire owns the customer experience and coordinates activity across the wallets. Banking and payment partners provide approved local accounts and payment rails.
FlitwireApp, unified ledger, exchange orchestration, customer support, fraud controls, and cross-wallet monitoring
Local partnersAccounts, payment-rail execution, account approval, local monitoring, settlement, and program restrictions
SharedOnboarding, compliance investigations, recordkeeping, reporting, disputes, and customer protection
BUILDING IN STAGES
Join early access
Start with trusted local rails. Connect them through Flitwire.
The initial focus is account creation, wallet funding, exchange, wallet-to-wallet transfers, and local withdrawals. Cards, bill payments, and additional instant rails follow as each program is contracted and approved.