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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Taptap Send Gets $13.4 Million for a No-Fee Money Transfer Service Aimed at Price-Conscious Emerging Market Users
Taptap Send, which provides a “free” mobile money transfer service from eight countries to 15 others, has raised $13.4 million, that it will be using to continue expanding its scope and the services that it provides to its customers.
- Categories
- Finance
- Region
- Global
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Viewpoint: How Bitcoin Improves Financial Access and Inclusion
Bitcoin is, for many, the first opportunity to store wealth in a safe and secure manner, without outside manipulation, while facilitating financial inclusion.
- Categories
- Finance
- Region
- Global
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Press Release: Lack of Digital Infrastructure Risks Leaving Millions of Rural Families in Poverty – IFAD Makes Urgent Call on International Day of Family Remittances
Despite a massive increase in migrants sending money home via digital transfers due to the COVID-19 pandemic, millions of their rural family members struggle to access mobile banking services which could help lift them out of poverty.
- Categories
- Agriculture, Finance
- Region
- Global
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SVB-Led $100 Million Investment Makes Chipper Cash Africa’s ‘Most Valuable Startup’
Chipper Cash, a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Flutterwave Partners Amole to Drive Seamless Remittance and Financial Inclusion in Ethiopia
Nigerian Fintech company, Flutterwave has partnered with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate remittance into Ethiopia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Transfez Raises Seed Funding to Venture Into B2B Money Remittance Sector
Transfez allows users to transfer money across 50 countries in 26 currencies at a cost that is 'up to 10x cheaper than banks'
- Categories
- Finance, Technology
- Region
- South Asia
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Remittances to Some Emerging Markets Grow in Q1 Despite Pandemic-Induced Headwinds
Georgia, Jordan, Pakistan and Morocco recorded growth in remittances during the first quarter
- Categories
- Coronavirus, Finance
- Region
- Global
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