remittance

MFS Africa partners with Access Bank to expand AccessAfrica remittance corridors

MFS Africa, the largest digital payments network in Africa, has announced a partnership with Access Bank, Nigeria’s largest bank, to expand its AccessAfrica remittance…

How fintechs can help tackle financial inclusion in Africa [Sponsored]

The year 2016 was a pivotal one for electronic payments as for the first time such payments surpassed the use of cash. The change has taken…

Bitpesa partners with Bitbond to financially assist SMEs

Blockchain remittance service Bitpesa has partnered with Germany’s Bitbond, a company aimed at connecting investors to SME owners. The partnership aims to improve financial access…

Mama Money expands to three more African countries

Fintech remittance startup Mama Money, has announced aggressive expansion plans into Mozambique, Malawi, and Kenya by April. It has already expanded into Nigeria, Ghana, and Tanzania. The company…

Kenya’s million dollar bitcoin startup BitPesa expands to Tanzania

Kenyan bitcoin startup BitPesa is expanding to neighbouring Tanzania about a year after it launched its mobile-friendly digital currency exchange. Since then, the innovative…

Kenya’s BitPesa announces $1.1m investment led by Pantera Capital

Despite recent tales of Bitcoin’s demise, people still seem to be throwing money at startups focusing on the virtual currency, especially in the remittance space. Led…

Orange, Ecobank team up to launch new money transfer service in Africa

Pan-African banking group Ecobank and major telecom Orange have rolled out a service that will enable Orange Money subscribers to transfer money between their…

Fintech startup Azimo is tapping into West Africa’s remittance market

As you may know by now, the remittance scene in Africa is quite a big topic with a bunch of startups both locally and…

PayPal announces over 1 million accounts in South Africa

Global payments company PayPal announced today that it has passed the milestone of more than 1 million accounts in South Africa. This comes exactly…

6 clever tech startups trying to pop Africa’s remittance bubble

Remittance is a massive cash cow in Africa and the rest of the developing world. The service fees for transacting money from across the…

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