remittances
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Startups
Africhange Secures IMTO Licence to Streamline Remittance to Nigeria
Africhange announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the Central…
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News
Social Commerce Platform ChitChat Launches Global Remittances Feature
ChitChat, the African social commerce platform has launched a new remittance feature, which enables seamless cross-border money transfers across 13…
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BUSINESS
NCBA taps fintech firm NALA to enhance remittances to Africa
NCBA Bank has onboarded NALA Payments Limited, a Tanzanian fintech company specialising in remittance services to Africa to improve the…
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News
Safaricom, Mastercard partner to boost remittances, payments for Kenyan Merchants
Safaricom and Mastercard have signed a partnership with an aim to accelerate the adoption of payment acceptance and cross-border remittance…
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Startups
Payment startup Sendsprint acquires US-based Nobel Financial enhance remittance services to Africa
Fintech startup Sendsprint has announced the full acquisition of Nobel Financial, a US-based global remittance service provider. The acquisition will…
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BUSINESS
Investment bank predicts Africa’s remittance market will reach $500bn by 2025
Remittances comprise a significant portion of African Gross Domestic Product (GDP), with the total value of remittances across the continent…
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News
CBK approves LemFi’s Remittance to Kenya in partnership with Flex Money Transfer
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has received additional…
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Startups
LemFi receives regulatory approval to offer remittance services in Kenya in partnership with Wapi Pay
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has received approval…
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BUSINESS
Coronation Group, Access Holdings partner with M-Pesa for regional remittances
Safaricom and M-Pesa have entered into a strategic collaboration with Coronation Group, Access Holdings Plc to broaden access to remittances…
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BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
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News
Fintech platform Alviere expands its reach to 500 million mobile wallets in Africa
Alviere, the embedded finance platform provider, has announced that Onafriq, Africa’s digital payments network, has chosen it to enable payments…
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News
Safaricom’s M-Pesa targets remittances to Southeast Asia with new TerraPay partnership
Safaricom has partnered with TerraPay, to enable more than 32 million M-PESA customers to send and receive money to more…
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BUSINESS
M-PESA partners with Amazon in rush for the global remittance market
M-Pesa, Safaricom’s highly-regarded mobile money remittance service has signed a new strategic partnership with American e-commerce giant Amazon to provide…
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Startups
Digital banking app for African immigrants Waya officially launched
Waya, a digital banking app that seeks to make it easier for African immigrants to send money back home is…
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