Money transfer apps: the hottest new industry in town?

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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,...

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Paysend Waives Fees for U.S. Money Transfers to 70 Countries Through October Due to COVID-19 Pandemic

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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...

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MoneyGram partners with Tesco Bank to launch new online money transfer platform

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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...

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Highly recommended: Buy The Black Pound Report by Lydia Amoah

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FIRST TIME ON THE MARKET: The Black Pound Report by Lydia Amoah The Black Pound Report is a great example of how Black, Asian and Minority Ethnic people are...

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UK transfer firm MoneyTO announces fee-free Nigeria offer

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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...

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How digital transfers are breaking down borders for foreign workers during the pandemic

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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...

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OPay and WorldRemit partner to offer international mobile money transfer service

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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...

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MFS Africa and MoneyGram develop cross-border P2P payments

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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...

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Building and selling an African fintech company: The story of Luke Kyohere and Beyonic

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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...

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Liberia: Lonestar Cell MTN Mobile Money Partners With Worldremit On International Remittances

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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...

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