For many people in South Africa, sending money across borders is a critical lifeline that supports families, funds education, and helps dreams become reality. Whether you’re a foreign national supporting loved ones back home or [c]
Customers to benefit from zero fees for transactions at the best forex rates. LemiFi targets over 500,000 Kenyans living in the Diaspora. Platform offers multiple currency options for customers. LemFi to partner with Pesa Swap. [c]
Absa Bank Kenya has partnered with global payments technology platform Visa to launch a domestic and cross-border remittance service that will allow seamless person-to-person money transfers and persons-to-businesses payments via the Visa Global network. The [c]
Mobile money transfer platform M-PESA has announced that it has reached 50 million monthly active customers strengthening its position as Africa’s largest fintech. Launched more than 14 years ago in Kenya, M-PESA is currently available [c]
By Sharon Kinyanjui Remittance inflows – money sent back home by Kenyans abroad – continue to provide a stable source of foreign exchange for Kenya while supporting many households. Data from the Central Bank of [c]
After being granted an approval last summer by financial services industry regulator Bank Al Maghrib, Orange Morocco has announced the launch of Orange Money in Morocco. The service will enable Moroccans to make mobile payments [c]
Airtel recently announced its financial results for the 9-month period ending on December 31, 2019, reporting that its overall customer base in Africa grew by 9.4% to reach 107.1 million. The India-based telco group stated [c]
Run a quick Google search and you’ll find all kinds of conflicting opinions out there about cryptocurrency. “Gamblers and speculators are the best candidates for the cryptocurrency market,” writes US News and World Report. “These kinds [c]
A new survey from online international money transfer service WorldRemit reveals how the estimated 3 million Kenyans living abroad celebrate their mums on Mother’s Day. The just released WorldRemit survey of customers sending money to Kenya reveals: [c]
Family Bank has partnered with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service expected to help boost Kenya-China trade. Over 7 million customers [c]
Lebara and WorldRemit have entered into a partnership making WorldRemit the exclusive global money transfer partner of Lebara, including transfers to over 40 African countries. The deal allows over 3 million Lebara Mobile and Lebara [c]
The high costs of sending money home means that Kenyans in diaspora are losing up to 11.35 % when sending money home. Each year, about Kshs 1.75 trillion (US $1.7 billion) is sent into Kenya [c]
Okapi Finance, a global money transfer company, has launched its services in Kenya with an objective of offering affordable cash transfer services. Working in collaboration with Guaranty Trust (GT) Bank, Okapi Finance is keen to address the [c]
Vinai Venkatesham, Arsenal’s Chief Commercial Officer, and Ismail Ahmed, CEO of WorldRemit discussing the new partnership and the shared values of the team and company. The video features Arsenal’s work in the community and leading [c]
Azimo, an online money transfer service, has announced that the number of money transfers sent to Nigeria has grown faster than any other African country, with transactions up 207% year-on-year (YoY). Three million Nigerians receive [c]
Morocco-based financial services company Wafacash has expanded its partnership with digital money transfer provider WorldRemit to offer instant money transfers across West and Central Africa. The companies already work together in Morocco and Senegal, but will expand into [c]
Copyright 2023 | aptantech