New data released this Valentine’s Day by money transfer service WorldRemit shows that Kenyans living in the United Kingdom are the most generous long distance lovers, sending on average US $26 (£21) more than usual to their loved ones for Valentine’s Day.
Following closely behind are Kenyans who have migrated and are currently living in: Australia, sending on average $10.5 (£8.5) more and New Zealand, sending on average $8 (£6.5) more.
Remittances play an important role in the economy of Kenya. According to official WorldBank data, Kenyans abroad sent over US $1.5 billion back home to friends and family in 2015.
Alix Murphy, Director of Mobile Partnerships at WorldRemit, said: “Looking at this year’s data we can see that Kenyans in the UK, Australia and New Zealand are planning ahead and sending more money to their loved ones in the days leading up to Valentine’s Day. On average, these groups sent US $8 to US $26 more for Valentine’s Day compared to the next week to mark the occasion.”
The WorldRemit app lets people send money straight from their smartphone, instead of having to travel to a money transfer agent. Those receiving money– often in developing countries – can collect the funds as Mobile Money, bank transfer, for cash pickup or as a mobile airtime top-up.
WorldRemit’s service is available to senders in 50 countries. It offers transfers to more than 140 destinations across Europe, Asia, Africa, Australia and the Americas. WorldRemit customers send 580,000 transfers every month.
The global data was based on an internal analysis of WorldRemit’s top 10 recipient countries in the months of January and February 2016.
WorldRemit’s global headquarters are in London, UK with regional offices in the United States, Canada, South Africa, Singapore, the Philippines, Japan, Australia and New Zealand.