Search Results for: remittances

WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe
Fintech News

WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe

Fintech News Desk
by Fintech News Desk0
Earlier this year, the World Bank forecasted that in the wake of the Covid-19 economic crisis, remittance flows to Sub Saharan Africa would fall by 23.1%. However , WorldRemit, the global online money transfer service has reported that the demand for their remittance services to Zimbabwe continues to grow at......
WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe
Business Fintech News

Lonestar Cell MTN Mobile Money launches international remittances with WorldRemit

Fintech News Desk
by Fintech News Desk0
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 now receive international remittances straight to their Lonestar Cell MTN Mobile Money accounts, free of charge. Read More: Doxim Announces Omnichannel Loan Origination and Account Opening......
Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Fintech Fintech Funding Investment Services News

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Fintech News Desk
by Fintech News Desk0
Prosus’s PayU Leads Round at $1.5B Valuation(Remitly ) Remitly, the mobile-first provider of remittances and financial services for immigrants, announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable Remitly to......
Commercial Bank Dubai and Thunes Partner to Offer Real-Time International Remittances
Banking Business Fintech News

Commercial Bank Dubai and Thunes Partner to Offer Real-Time International Remittances

Fintech News Desk
by Fintech News Desk0
Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world. Through this partnership with Thunes, Commercial Bank of Dubai will be able to......
WorldRemit Partners With Mukuru to Fortify Remittances and Expand Cash Pick up Network in Zimbabwe
Business Fintech Mobile Banking News

WorldRemit Partners With Mukuru to Fortify Remittances and Expand Cash Pick up Network in Zimbabwe

Fintech News Desk
by Fintech News Desk0
WorldRemit, the global online money transfer service has announced a partnership with Mukuru, one of Africa’s largest remittance providers to broaden options for cash pick up in Zimbabwe. The partnership will be instrumental in bringing world-class financial services to Zimbabweans and generating new synergies for African financial inclusion. Read More: Abrigo......
Realising The Benefits of Low-Cost Remittances in Emerging Countries
Banking Fintech Guest Posts

Realising The Benefits of Low-Cost Remittances in Emerging Countries

Lorenzo Pellegrino
by Lorenzo Pellegrino0
Adults in developing countries remaining unbanked is a serious issue for local economies. One reason the unbanked population remains so high stems from people’s belief that they have inadequate funds to merit opening an account. By not having enough disposable income to make any substantial transactions or purchases, keeping money in any......
Remitly Partners With Alipay to Offer International Remittances
Banking Lifestyle News

Remitly Partners With Alipay to Offer International Remittances

Fintech News Desk
by Fintech News Desk4
Seattle-Based Fintech Connects Directly With the World’s Leading Digital Payment Platform Remitly, the online money transfer service used by more than two million people globally, is announcing its collaboration with Alipay, the world’s leading payment and lifestyle platform. The agreement enables Remitly customers to send money from their smartphone or......
XTransfer Secures 5 Additional US Payment Licenses, Enhancing Global Trade Financial Solutions
B2B Finance Fintech News

XTransfer Secures 5 Additional US Payment Licenses, Enhancing Global Trade Financial Solutions

PR Newswire
by PR Newswire0
Building on its recent achievements, XTransfer, a leading global B2B cross-border trade payment platform, has further expanded its regulatory approval in the United States by securing 5 additional payment licenses in New Hampshire, District of Columbia, Utah, Georgia, and Arizona. In addition to its existing licenses in Florida, Delaware, and Colorado, XTransfer has now secured a total of eight......
Banking Blockchain Digital Asset Management Digital Payments Featured Finance Fintech Security

Integrating Blockchain Technology Effectively into Digital Banking Systems

Fintech Staff Writer
by Fintech Staff Writer0
The global banking sector has seen a significant transformation in recent years, driven by advancements in financial technology aimed at enhancing efficiency and reducing operational costs. Among these innovations, blockchain technology stands out as a powerful tool with the potential to revolutionize various banking processes. From transaction processing and settlement......
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