International money transfer services provider, WorldRemit has reported that remittances to Zimbabwe on its platform have doubled in the last six months driven by the availability of cash collection points during COVID-19 as it announced the launch of a...
Continue Reading
Juba Express, one of the fastest growing money transfer services and WorldRemit, a leading global payments company are connecting to provide Somalis with the opportunity to receive money from family and friends in 40+countries around the globe including the...
ACE Money Transfer secured an investment of £ 1.5 million, amid promising growth, from a London based investment firm to extend its current operations. ACE Money Transfer has entered into a business relationship with a London based investment firm who...
Ghanaian fintech, Zeepay has announced a partnership with Visa which will enable people in foreign countries to directly transfer money to Visa debit and prepaid cardholders in Ghana. The service which is expected to further deepen Zeepay’s financial inclusion drive across...
The ongoing COVID-19 pandemic has generated growth opportunities for technology-driven money transfer companies. The Seattle-based digital remittances startup Remitly just joined the unicorn company club, raising $85 million in a Series F round that has propelled its valuation to $1.5 billion....
Digital transfers of money have seen a rise in use during the Covid-19 pandemic, while cash has seen a sharp decline. This is according to research published by Paysafe, which surveyed 8,000 consumers across the Germany, Bulgaria, Canada, Austria, the US...
The UK app market is estimated to generate around £31 billion by 2025. Within this growing market, most of the development appears to be taking place in the capital city. However, there’s one submarket in particular which appears to be driving...
Paysend, a UK-based global payments platform, announced on Tuesday it is waiving money transfer fees for U.S. customers throughout the month of October 2020 due to the COVID-19 pandemic. The fee waiving comes just a couple of weeks after Paysend’s U.S. launch. Speaking...
inwi money, a subsidiary of inwi and global telecommunications operator in mobile money services has announced an expansion of its offering with the launch of an international money transfer service for its customers. The new service is a result...
GLOBAL money transfer firm MoneyGram International has partnered with Tesco Bank to launch a new international online money transfer platform. Launched on Wednesday (23), the new service allows customers of both the firms to set up their transactions online and...