Built because waiting on agents got old

Funding a Deriv account from Nigeria used to mean chasing agents who went quiet, guessing at the rate and waiting hours while the market moved without you. Getting money back out was slower still.

So we built the service we wanted to use ourselves: your own Nigerian account number, a naira wallet that's credited automatically, and transfers you control yourself — each one confirmed with your PIN, tracked step by step and finished with a receipt.

Whether you're a trader topping up before a big move, a freelancer cashing out to your bank, or simply keeping your naira within reach, BakarePay is built to be fast, honest about fees and there when you need help.

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₦0Deposit fees
~5 minTypical processing time
₦5MDaily limit on Tier 2
6:00 AM to 11:59 PMOpen every day

What drives us every day

Four promises shape every feature we build and every conversation we have with you.

Security first

BVN-verified accounts and a PIN on every transfer out of your wallet. Your money only moves when you say so.

Speed

Deposits are credited automatically, Deriv deposits and withdrawals are typically done within 5 minutes, and cash-outs don't keep you waiting.

Transparency

The rate you see is the rate you get. Fees are shown before you confirm, and every transfer comes with a receipt.

Customer first

Real people on WhatsApp, 6:00 AM to 11:59 PM, every day. If something needs fixing, we own it and we fix it.

A platform built around you

Everything is designed around how Nigerians actually move money — from the banks you use to the hours you keep.

Direct Nigerian bank payouts

Cash out to any Nigerian bank or fintech account, with the account name checked before you send.

Support every day

Our team is on WhatsApp 6:00 AM to 11:59 PM, every day — no ticket queues and no bots.

Transparent, real-time tracking

See each step of every transfer as it happens, and get notified the moment it completes.

Deriv funding, built in

Fund and withdraw from your Deriv trading account straight from your naira wallet.

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Ready to get started?

Create your free account in minutes and get your own Nigerian account number today.