-
Safaricom to Open M-Pesa APIs, Completes Data Center Migration From Germany to Kenya
After two years of intercontinental conference calls, eight test runs and countless hours put in by 320 consultants, Safaricom has successfully migrated its mobile money platform to its data center in Kenya and is expecting to provide better services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Rwanda Launches Cross-Border Mobile Money Remittance Service
MTN Rwanda, one of Rwanda’s leading mobile network operators, Sunday announced the launch of a pioneering cross-border Mobile Money remittance service between Rwanda and Kenya.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
A Former New York Investment Banker Takes on Financial Inclusion in India
When she left New York five years ago, a former Wall Street investment banker had a plan for a new business in India. Today, that plan has become a growing company tackling financial inclusion in a way few have considered to date, in India’s evolving, highly unique, growth environment.
- Categories
- Uncategorized
- Region
- South Asia
-
Mobile Money Remittances in Africa to Reach $33 Billion
MOBILE money remittances in sub-Saharan Africa are projected to reach $33 billion in 2015 as the services are growing above 6% in more than three countries with increasing mobile connectivity, WorldRemit has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
-
Mobile Money to Power Global Remittances
Global remittances will grow slowly in 2015, but accelerate again in 2016/17: global remittances are projected to reach $586 billion in 2015, at a slower growth rate of 0.4% due to economic conditions. However, remittances are expected to accelerate again to reach an estimated $636 billion in 2017.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
-
India’s MoneyonMobile Sees 27% One-Month Jump in Transaction Processing
MoneyOnMobile is continuing to ignite India’s mobile money scene — topping 131 million users in March, the company announced yesterday (April 14).
- Categories
- Uncategorized
- Region
- South Asia
-
How Bitcoin Could Revolutionize Remittance in Africa
A host of local companies are looking to disrupt the remittance market in Africa by undercutting traditional money transfer operators while also offering businesses new ways of accepting payments on a continent with low credit card penetration and an over-reliance on cash.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
-
Press Release: Xpress Money and MTN Partner to Offer Mobile Remittances in Ghana
In a move that further strengthens Xpress Money's alternate channels portfolio, the money transfer company announced its partnership with MTN Ghana - a telecom giant in Ghana. Xpress Money customers remitting to Ghana will now be able to transfer money directly into the Mobile Wallets of registered MTN Mobile Money users in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.