CBN Sandbox · controlled testing
A non-interest UK–Nigeria remittance and virtual-asset payment platform. Verified Nigerian recipients receive supported fiat-backed stablecoins, convert to Naira at the real mid-market rate, and collect through approved banking and agent channels.
£0.0B+
UK–Nigeria corridor volume
0%
Transfer fees, always
0s
Median delivery time
Daily
Reconciliation against custody
What Kudix is
Kudix is a non-interest UK-Nigeria remittance and virtual-asset payment platform designed for controlled CBN Sandbox testing. It enables verified Nigerian recipients to receive and convert supported fiat-backed stablecoins to Naira and access payout through approved banking and agent channels, including feature-phone access through a multilingual USSD channel. Customer virtual assets are held only within an approved, segregated custodial model; no token issuance, P2P trading, lending, yield, DeFi or privacy coins are permitted during the Sandbox. The virtual-asset component will operate only within applicable CBN Sandbox conditions and SEC authorisation/registration, while the UK origination and Nigerian settlement/payout legs will be handled only through appropriately authorised counterparties. Testing is limited to a small invited cohort, conservative transaction caps, full KYC/AML/Travel Rule controls, daily reconciliation and defined exit/redress arrangements.
Kudix Digital Services Ltd
Customer virtual assets are held only within an approved, segregated custodial model. Never on our balance sheet.
No token issuance, P2P trading, lending, yield, DeFi or privacy coins. Fiat-backed stablecoins to Naira, nothing else.
Every participant verified, every transfer screened, and Travel Rule data carried end to end.
Conservative transaction caps, daily reconciliation, and pre-agreed exit and redress arrangements for the cohort.
The app
From balance to delivered-in-seconds in three taps, with the live rate and our margin visible the whole way through.
Recipient first, rate locked
Pick who, then how much. The rate is held for 60 seconds while you choose wallet, bank or *919# agent cash-out.
Track every naira
Sent, converted, delivered, notified: a live timeline for each transfer, and a receipt you can share.
Assets with a cooling-off
Buy, sell or exchange digital assets only after a short appropriateness check and a 24-hour pause, as UK rules require.
Pricing you can verify
Most providers hide their profit inside the exchange rate. We publish ours: the live mid-market rate, minus a 0.4% margin, and nothing else.
Mid-market rate
₦1,957.83
The interbank rate, straight from the market. Check it anywhere.
Our margin, disclosed
0.40%
₦7.83 per £1, earned on every transfer and printed on every receipt.
Your recipient gets
₦1,950.00
Per pound, delivered. No transfer fee, no receiving fee, no surprises.
Send GBP to NGN at the real mid-market rate. Our only charge is a transparent 0.4% FX margin, shown on every transfer before you confirm.
Verified recipients receive supported fiat-backed stablecoins and convert to Naira in one tap, at a rate they can check against the market.
Naira lands through approved banking and agent channels, so recipients collect the way they already bank.
A card for the real world, virtual cards for the internet, and single-use disposable numbers for sites you do not fully trust.
Show your code to get paid; scan theirs to pay. The recipient, amount and reference fill in automatically, and you still review before sending.
Real-time balance and spending insight, plus downloadable statements accepted for visas, mortgages and tax.
Biometric sign-in, attested devices only, one active session per platform, and a liveness check before any high-value transfer.
No interest paid or charged, no yield, no lending. A payment platform, built that way from the first line.
From London to Lagos
Testing is limited to a small invited cohort. Request an invitation, complete verification, and you are in.
Top up your GBP wallet by bank transfer or card, or receive from another Kudix user by phone number or QR.
£1 buys ₦1,950.00 today: the mid-market rate minus our disclosed 0.4% margin. Nothing hidden in the price.
Your recipient converts to Naira and collects through approved banking and agent channels, within the Sandbox caps.
Built for supervision
Segregated custody, daily reconciliation, full KYC/AML/Travel Rule controls and a tamper-evident audit trail, operated within controlled CBN Sandbox testing.
Kudix Digital Services Ltd operates the virtual-asset component only within applicable CBN Sandbox conditions and SEC authorisation/registration.
The UK origination leg and the Nigerian settlement and payout legs are handled only through appropriately authorised counterparties.
Every balance is reconciled daily against custody and settlement records, with an append-only audit trail behind every movement.
Attested devices only, screenshot and screen-recording blocking, call-guard against social engineering, and instant remote sign-out for lost phones.
Places in the Sandbox cohort are limited. £1 = ₦1,950.00 at today's rate, delivered in seconds.