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Analysis: COVID-19 Shows Need to Close Financial Inclusion Gender Gap
In many parts of the world, women have had less access to financial services than men for years. The COVID-19 pandemic has exacerbated the challenge.
- Categories
- Coronavirus, Finance, Health Care
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SendSpend Launches Across Sub-Sahara Africa
SendSpend has officially launched its global payment system which enables the unbanked to pay online and remit money instantly to each other using only a smartphone.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Accel-Backed Mobile Money Platform Nala to Start Offering Remittance Services to East Africa
In Tanzania, mobile money services can be relatively difficult to use due to unstable internet and high service fees.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- cash transfers, fintech, remittances
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Afriex Raises $1.2 Million Seed to Scale Its Payments and Remittances Platform Across Africa
Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Convergence Awards Design Grant for a Remittance-Based Financing Vehicle to Improve Household Infrastructure and Resiliency for Pacific Island Communities
"As the world faces a severe climate crisis, we need to accelerate solutions that will equip countries most exposed to its shocks with the right tools and infrastructure."
- Region
- Asia Pacific
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COVID-19 Knocked $200 Million off Remittances Last Year in Uganda
Remittances fell by $200m for the year ended December 2020, highlighting the impact of Covid-19 within and without Uganda.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Western Union: Emerging Market GDP, Innovation Depend On Remittances
In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines.
- Categories
- Finance, Technology
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Malaysia’s Mobile Money, Bangladesh’s Bkash Team With Ripple on eWallet Remittances
Blockchain-based global payments provider Ripple announced it has entered into an arrangement under which Malaysian mobile wallet provider Mobile Money, and bKash, a provider of mobile financial services to more than 45 million people in Bangladesh, will conduct transactions through the RippleNet network.
- Categories
- Finance
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