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Liberia: MTN Liberia Launches International Remittances Direct to Mobile Money Accounts
Lonestar Cell MTN, one of Liberia's leading GSM and Mobile Financial Services companies, announces that, as of August 3, 2020, Mobile Money customers can receive money from their family and friends anywhere in the world directly to the MoMo accounts, free of charge with the launch of International Remittances.
- Categories
- Finance, Technology
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The Future of Microfinance: An Interview With Ira W. Lieberman
Though its profile is somewhat lower than in its heyday, microfinance remains a relevant player in the development sector, supporting some 200 million people worldwide. A new book, “The Future of Microfinance,” contemplates the industry's tumultuous evolution and future development. NextBillion spoke with Ira W. Lieberman, a co-editor of the book, to discuss its thought-provoking insights.
- Categories
- Finance
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Fintech Startup Remitly Raises $85M
Fintech startup Remitly has raised $85 million in a new round of funding, bumping its valuation up to $1.5 billion.
- Categories
- Finance
- Tags
- cash transfers, fintech, remittances, startups
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Airtel Africa and Mukuru Plan to Facilitate Cross-Border Money Transfers
Pan-African telecommunications and mobile money services company Airtel Africa has announced a deal with African remittance organisation Mukuru.
- Categories
- Technology
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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business
Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Improving Cross-Border Payments Is Critical To Support Global Economic Growth, Trade And Financial Inclusion
Resolving longstanding frictions and challenges in cross-border payments has been a major objective of the Committee on Payments and Market Infrastructures (CPMI).
- Categories
- Finance
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Viewpoint: How to Save Vital Remittances to the Developing World
The remittance safety net is under threat from job losses in sectors heavily dependent on migrant labor, and any proposal that the G20 nations maintain remittance flows would probably meet with derisive laughter; it would be tantamount to demanding that foreign countries bankroll the developing world’s non-existent safety nets. So the question is, what can be done?
- Categories
- Coronavirus, Finance
- Tags
- employment, remittances
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Viewpoint: E-Remittance Firms Have Pushed Inclusion, and Will Lead the Recovery
What's making fintechs so popular for remittances? Aside from representing cost savings, being built from the ground up with user experience at the forefront has enabled these entities to be more flexible and inclusive than incumbents.
- Categories
- Finance