Remittance
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News
NCBA Expands Global Remittance Network With Xpress Money Partnership
About a month after partnering with Tanzanian fintech NALA to enhance the remittance process across Africa, NCBA Bank has announced…
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News
Nigerian remittance services provider Africhange launches in the UK
Africhange, a Nigerian remittance services provider has launched its operations in the United Kingdom (UK). The platform which can be…
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BUSINESS
Equity Bank and Mastercard sign remittance deal
Digital payments firm Mastercard has entered into a partnership with Equity Bank to enable the bank’s customers to send money…
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News
Fintech startup Sendwave targets Kenyans in the US with new banking product
Fintech startup Sendwave has unveiled a new product that will allow users to earn interest and pay reduced fees on…
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News
Airtel Africa and Mastercard launch new cross-border remittance transfer service
Airtel Africa and Mastercard announced the launch of a new cross-border remittance service that will enable Airtel subscribers across 14…
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Tanzania’s fintech NALA enters Kenya, inks diaspora remittance deal with Equity Bank
Tanzania-based fintech startup NALA has partnered with Equity Bank Kenya for diaspora remittance. This partnership will allow Kenyans living in…
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News
Absa Bank Kenya and Visa Launch a Money Remittance Service
Absa Bank and global payments company Visa have today launched a payment solution aimed at easing local and cross-border transactions.…
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Startups
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges
Fintech startups in Africa are doing a spectacular job at revolutionizing remittances, accessibility, saving, and the whole culture surrounding finances.…
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News
Tanzania’s fintech NALA partners with Cellulant for diaspora remittance
Tanzania-based fintech startup NALA has partnered with Pan-African payments company, Cellulant to power payments from the United Kingdom and the…
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News
Irish fintech Pipit Global and Cellulant extend partnership to 12 new African markets
International cash payments platform Pipit Global and Cellulant have extended their partnership agreement to now include eighteen countries in Sub-Saharan…
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News
Ghanaian Fintech startup Zeepay raises $7.9 million Series A funding
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both…
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BUSINESS
Equity Bank’s diaspora remittance volumes hit Sh100 billion in just nine months
Equity Bank’s diaspora remittance volumes hit Sh100 billion in the nine months to September. This helped boost the lender’s forex…
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BUSINESS
What to consider before choosing international money transfer services
Financial technology (Fintech) companies have made it so easy for people to send money to Kenya. Currently, there so many…
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BUSINESS
[Column] Fintechs are disrupting the local traditional remittance market
Data from the Central Bank of Kenya (CBK) shows that diaspora inflows in the country rose to Ksh30.4 billion ($295.3…
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BUSINESS
SwitchLink Africa – Leveraging technology to drive efficient remittance
Latest data from the Central Bank of Kenya (CBK) indicates that Kenyans living and working abroad sent home Sh67.16 billion…
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News
Report: Remittance income will drive economic growth for Africa
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to ICAEW’s…
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COLUMNS
Explaining the High Cost of Remittance to African Countries
The World Bank recently released a study report with findings that the cost of remitting cash to African nations is…
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