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Mobile Money Service a First for Burundi, ‘Just Like an Instant Message’
London-based money transfer services provider WorldRemit has partnered with Zimbabwe-based EcoCash service to launch instant mobile money transfers in Burundi.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Disrupting Remittances Through Mobile Money in Uganda
The money remittance industry sees over US$34 billion sent to sub-Saharan Africa each year, accounting for an average of 5 per cent of GDP on a country-by-country basis. However, for those sending and receiving money, the systems in place are inefficient and time-consuming.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rising Fintech Investment in Asia Suggests Room for Bitcoin Opportunities
More and more companies are tapping into the Asian market when it comes to financial technology investment, as the region has seen growth in remittances while some countries have weak banking sectors. This opens up a market gap that could make room for bitcoin opportunities later on.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Meet the Kenyan Startup Trying to Change Bill Gates’ Mind on Bitcoin
Bill Gates has been publicly skeptical about the future of the payment technology in the developing world.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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10 New Mobile Wallet Remittance Services Launched Throughout Africa and Asia-Pacific
HomeSend and Azimo today announced the launch of new mobile wallet services in ten countries throughout Africa and Asia-Pacific – reaching millions of mobile money subscribers. Azimo customers in 20 European countries are now be able to send funds to mobile money accounts of loved ones in Armenia, Burkina Faso, Fiji, Ghana, Indonesia, Kenya, Nepal, Nigeria, the Philippines and Somaliland.
- Categories
- Uncategorized
- Tags
- remittances
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Mobile Payments Market Set to Deliver 150% Growth in 2015
A new report from Juniper Research has found that the number of mobile money transfers is expected to increase by nearly 150% in 2015 to more than 13bn, with several social media firms already seeing a dramatic rise in service usage.
- Categories
- Uncategorized
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Bharti Airtel Starts First Cross-Border Mobile Money Transfer in Niger
Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Mobile Banking Provides Lifeline for Bangladeshis
On the first Friday of every month, Sabina Begum makes the short trip from her single-room shack in a crowded Dhaka slum to a nearby grocery. The grocer, in addition to selling her much-needed supplies, doubles as her financial-services provider.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- remittances
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