Naira for transfers
Liquidity that lands at home
A transfer to Nigeria has to arrive as naira. Your contribution is the working capital that helps those payments settle — quietly, in the background, every day.
Your funds help MITO settle money transfers into Nigeria — by providing the naira those payments need. We pass a share of that activity back to you as 10% p.a. simple interest, credited every day. Add money whenever you like, start a contract for 3 months or more, and earn on even a modest amount.
Why MITOcrowd
MITOcrowd is how we fund the naira side of sending money to Nigeria. You start a contract. Those funds become the liquidity that settles transfers. We share some of what that earns with you.
Naira for transfers
A transfer to Nigeria has to arrive as naira. Your contribution is the working capital that helps those payments settle — quietly, in the background, every day.
A share of the earnings
We pass some of what we earn on to customers. There is no special ticket size. Whether you start a small contract or a large one, you still take part in the same daily interest.
Simple, on purpose
A short sign-up and MITO mini KYC — for your safety, not to slow you down. Then add funds whenever you like. Start a contract for 3 months or longer and earn daily interest that is typically better than money sitting in a bank.
A simple set-up, a short mini KYC for your safety, then you can add funds and start earning.
Create an account, confirm your email, then complete MITO mini KYC. That issues your MITOcrowd pay-in account.
Start a contribution and transfer to your MITOcrowd pay-in account. MITO sets payment thresholds; MITOcrowd sets the contract term and rate.
Simple interest accrues on your principal and is credited daily. Get interest updates daily, weekly, or monthly — your choice.
At maturity your funds can be rolled over or transferred directly to your pre-verified bank account.
Earn 10% p.a. — rising to 11% p.a. for longer contract terms — simple (non-compounding) interest, paid only on your principal and credited every day. Minimum deposit ₦50.
| Contract term | Days | Interest rate | Early-withdrawal fee |
|---|---|---|---|
| 3 months | ~91 | 10% p.a. | 2% |
| 6 months | ~183 | 10.25% p.a. +0.25% bonus | 1% |
| 9 months | ~274 | 10.5% p.a. +0.5% bonus | 1% |
| 12 months | ~365 | 11% p.a. +1% bonus | 1% |
Hold to maturity (or later): no transaction fee, no early-withdrawal penalty. Withdraw early: a 5% penalty plus the transaction fee above (by original contract term) apply to the amount withdrawn each time.
Encrypted bank details, hashed passwords, optional 2FA and full audit logging.
You can never move money out yourself. Payouts are initiated by admins to your verified bank account.
A double-entry ledger records all funds in and out, always reconcilable and auditable.
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