Category: News & Press
MTN Launches Mobile Money Services in UK, MTN Homeland.
Send money & airtime to Africa | with no “hidden costs” with MTN Homeland. The application will enable Africans living in the UK to send funds or airtime within...
Read MoreSVB-led $100M investment makes Chipper Cash Africa’s ‘most valuable startup’
Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so. Each of these...
Read MoreWorldRemit partners OK Zimbabwe as remittances double in six months
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...
Read MoreACE Money Transfer Secures New Investment!!
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...
Read MoreRemitly Grows During Pandemic as Digital Money Transfer Business
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...
Read MoreDigital money transfers get Covid-19 boost as consumers shun cash
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...
Read Moreinwi money partners with WorldRemit & MFS Africa; launches international money transfer capability
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...
Read MoreOnline Money Transfer Service Remitly Announces Expansion of Mobile Wallet Network
Remitly, a U.S.-based online money transfer service for immigrants, announced on Wednesday the expansion of its mobile wallet network, which now reaches over 300 million mobile wallet holders across...
Read MoreMFS Africa Drives Cheaper African Remittances With PaySii
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...
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