Newly launched online mobile money transfer, Transfast, has partnered with major Nigerian banks in a bid to expand its services.

Nigeria CommunicationsWeek reports that the platform has partnered with First Bank, Ecobank and Heritage Bank.

Jay Vix, global marketing director of the company, during a recent visit to the banks recently, stated that the company will reach more Africans in 2016 with the new partnerships.

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“In the coming year, the partnership is poised to expand in many other countries around the globe, focusing on providing money transfer services to families and friends while also allowing beneficiaries of international money transfer to receive money directly into their accounts in any currency. The customer’s needs are changing and so should our products and remittance service offerings, so therefore it is important that we share our learnings with our partners, to help service the new remittance customers of the 21st century,” Vix said.

Transfast is an online multi-currency international money transfer service with a network present in over 120 countries.