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9 results for "money transfer"

YouSend Brings 2-Minute Money Transfers to African Families
Solutions2h ago

YouSend Brings 2-Minute Money Transfers to African Families

A new app is helping African immigrants in the UK and Canada send money home in under two minutes, with real human support available 24/7. YouSend uses cutting-edge technology to make transfers faster and more reliable than traditional services that stall on weekends and holidays.

Techpoint Africa2 min read
Egypt Receives $35B from Workers Abroad in 9 Months
Solutions5h ago

Egypt Receives $35B from Workers Abroad in 9 Months

Egyptians working overseas sent home a record $35 billion in nine months, a 32% jump that's helping stabilize their country's economy. The surge shows growing trust in Egypt's banking system and digital money transfer options.

Egypt Independent2 min read
Ghana Blocks MTN Fee After Mobile Money Users Speak Up
Solutions6d ago

Ghana Blocks MTN Fee After Mobile Money Users Speak Up

Ghana's central bank just suspended a proposed fee on mobile money transfers after listening to concerns from millions of users. It's a win for everyday people who rely on digital payments for daily life.

TechCabal2 min read
Ghana Turns Diaspora Into Active Investors, Not Just Donors
SolutionsApr 21

Ghana Turns Diaspora Into Active Investors, Not Just Donors

Ghana's central bank is transforming how millions of expatriates support their homeland, shifting from simple money transfers to strategic investment partnerships. The bold initiative could unlock sustainable wealth for a nation during uncertain economic times.

Google News - Ghana Development3 min read
Chinese Tech Powers Kenya's M-Pesa to 60M Users
SolutionsMar 16

Chinese Tech Powers Kenya's M-Pesa to 60M Users

Kenya's mobile money platform M-Pesa now serves 60 million people monthly, powered by Chinese technology and affordable smartphones that put digital banking in everyone's hands. From Huawei's infrastructure upgrades to $30 phones flooding Nairobi, China's partnership turned a simple money transfer app into a global financial game-changer.

Google News - Kenya Success Story3 min read
Nigerian Fintech Gets Faster, Cheaper Money Transfers
InnovationMar 6

Nigerian Fintech Gets Faster, Cheaper Money Transfers

A blockchain company is tackling the high costs and delays in sending money to Nigeria by replacing pre-funded accounts with real-time matching. The solution could save fintechs millions tied up in idle currency reserves.

Techpoint Africa2 min read
Moroccan Fintech WafR Raises $4M to Help Corner Stores
InnovationFeb 24

Moroccan Fintech WafR Raises $4M to Help Corner Stores

A Moroccan startup just raised $4 million to turn nearly 20,000 neighborhood corner stores into mini financial hubs. WafR is bringing bill payments and money transfers to shops that already serve as community lifelines.

TechCabal2 min read
M-PESA Leader Joins Absa After Building Africa's Top Fintech
InnovationFeb 11

M-PESA Leader Joins Absa After Building Africa's Top Fintech

Sitoyo Lopokoiyit, who transformed M-PESA from a simple money transfer tool into Africa's most powerful financial super app serving 37 million users, is moving to lead personal banking at Absa Bank Kenya. His five-year journey turned mobile money into a complete financial ecosystem where millions now save, invest, and build businesses.

TechCabal3 min read
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InnovationJan 30

British Bank Offers Free Money Transfers to Mexico

Revolut just launched full banking in Mexico with zero-fee remittances between the U.S. and Mexico, potentially saving families $3 billion annually. The digital bank aims to bring 20 million unbanked Mexicans into the financial system while slashing transfer costs that have taken billions from working families.

Mexico News Daily2 min read