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African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
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Which Countries Will Be Hit Hardest by the US Remittance Tax?
The figures in this article show how the United States’s proposed tax could impact formal remittances, including both the tax itself and the price effects.
- Categories
- Finance
- Region
- Global
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dLocal to Acquire Aza Finance
dLocal's growth has been significantly propelled by its strong presence in the Middle East and Africa, regions characterised by high cryptocurrency adoption.
- Categories
- Finance, Technology
- Region
- Global
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Conduit Raises $36 Million to Promote Cross-Border Stablecoin Payments
Conduit said the funding will help it expand into new markets.
- Categories
- Finance, Technology
- Region
- Global
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Nigerian Fintech Bets on UK Diaspora With Remittance Push
The MonieWorld service enables money transfers from the UK to Nigeria, the latest in a growing number of remittance products from Africa targeting the $100 billion that flows annually from immigrants in the diaspora to the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Flutterwave Secures Approval to Offer Remittance Services in Ghana
Nigeria-based fintech gains Bank of Ghana approval to enhance cross-border payments and financial inclusion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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DLocal and Belmoney Partner to Transform Cross-Border Remittances Across Key Emerging Markets
The alliance strengthens international money transfers in Nigeria, Bangladesh, Ecuador, Pakistan, Peru, and Philippines, with planned expansion into China.
- Categories
- Finance, Technology
- Region
- Global
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Nigeria-Born Banking Startups Target Emerging Market Gig Workers
The startups are not banks in themselves, but partnerships with lenders licensed by central banks make them de facto digital banks.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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