Digital money transfer service WorldRemit is joining forces with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria, according to a press release.

The strategic partnership considerably expands WorldRemit's footprint in the country and enables its customers in over 50 countries to send money to First Bank accounts directly from phones. The deal supports WorldRemit's plan to serve 10 million customers connected to emerging markets by 2020, according to the release.

First Bank said in the release it is collaborating with WorldRemit to drive convenience and ease of banking for its customers as well as provide the much-needed push for financial inclusion initiatives.