Africans in the diaspora routinely send money to relatives and friends at home. A new online platform makes it possible to direct some of those remittances to the entrepreneurs among them too. Herve Tcheumeleu has lived in Germany for almost...
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UK-based company, MoneyTO, will begin offering no-cost cash transfers from the EU and UK markets to Nigeria. According to the World Bank, Nigeria is one of the world’s most popular remittance recipient destinations. “Launching Nigeria fee-free money transfers is a...
With faster international money transfers becoming even more of an essential during COVID-19, PayPal and Visa have stepped in with a payments option that could reduce your wait time from days down to minutes. PayPal’s Instant Transfer, which gives consumers and...
When the COVID-19 pandemic started rapidly spreading in early 2020, many of the world’s largest remittance-sending nations, including the United Kingdom, United States, France and Italy, gradually imposed nationwide stay-at-home orders to slow the infection rate within their borders. But...
Nigerian financial service technology company, OPay has announced a partnership with leading global digital payments platform WorldRemit, to offer international money transfers directly into OPay mobile wallets in Nigeria. The partnership between OPay and WorldRemit will provide Nigerians with a fast, easy...
by Mark WalkerSeptember 2, 2020 Pan-African cross-border payments leader MFS Africa has announced its partnership with global money transfer start-up PaySii to help facilitate remittances in Africa. The partnership with MFS Africa will enable PaySii to extend its services to...
Payment gateway MFS Africa is collaborating with MoneyGram to create better payment infrastructure on the African continent By William Girling Payment gateway MFS Africa is collaborating with MoneyGram to create better payment infrastructure on the African continent. MFS Africa, which currently covers...
In June 2020, MFS Africa acquired African digital payments platform Beyonic. The deal marked the end of another chapter for Ugandan-born entrepreneur Luke Kyohere, who has been building Beyonic for 15 years. Here is the story of how Kyohere...
Global digital payment company WorldRemit has launched the WorldRemit Transfer Tracker mobile app to help recipients track their remittances, according to a press release. The app is currently available in Nigeria, India, Mexico and Colombia through Google Play, and it will be free...
Source: FrontPageAfrica (Monrovia) Monrovia — Lonestar Cell MTN, Liberia’s leading GSM and Mobile Financial Services company, has partnered with WorldRemit to make it possible for Mobile Money customers to receive international remittances straight to their Lonestar Cell MTN Mobile...