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money transfer

Cassava Fintech launches cross border money transfer service

Cassava Fintech South Africa, a member of the Econet Group, has launched an enhanced cross-border money transfer service from South Africa to the rest of Africa. Darlington Mandivenga, Group CEO for Cassava Fintech International, says although the remittances space has...

WorldRemit launches in South Africa

Hello #SouthAfrica! Customers based in ?? can now send money to friends and family in 145+ countries worldwide — as easy as sending an instant message. Here’s Andrew Stewart, our MD for Middle East and Africa, sharing the news with...

WorldRemit set to boost Ethiopia’s remittance income

Digital remittance transfer company, WorldRemit is set to boost Ethiopia’s income from remittance by partnering with Commercial Bank of Ethiopia (CBE). The new strategic partnership significantly increases WorldRemit's footprint in Ethiopia, enabling its customers in over 50 countries to make...

MFS Africa: Investing in Africa’s fintech sector

  MFS Africa, a pan-African fintech company connects mobile money systems to each other and to money transfer organisations, banks and other financial institutions, enabling money remittances to and from mobile money accounts. The fintech company enables Africans to send...

Safaricom partners with WorldRemit for digital money transfers

Digital money transfer service WorldRemit has signed a direct partnership with Safaricom to enable instant cross-border money transfers to 28.6 million M-PESA mobile money accounts in Kenya. The direct partnership marks the culmination of years of rapidly growing volumes of...

Aggressive African expansion for fintech startup Mama Money

The South African fintech startup, Mama Money, announced on Tuesday the expansion of its money transfer service into Nigeria, Ghana and Tanzania. The business will expand into Mozambique, Malawi and Kenya by April. It has also earmarked a country outside...

TransferWise joins Messenger to enable users to transfer money internationaly

Facebook users in the United States, Canada, Australia and Europe can now use Facebook Messenger to send and receive money. TransferWise, a money transfer company launched the service on the Facebook chat application. The feature can also be used...

Nigeria urged to restore money transfer services

According to a report via TelecomPaper, WorldRemit has called for the urgent restoration of money transfers to Nigeria as draconian new rules leave virtually all money transfer operators unable to provide services to the West African country. The report reveals...

Kenya: SimbaPay launches M-Pesa PayBill

SimbaPay, a digital money transfer provider, has launched a new M-Pesa service which has been dubbed "M-Pesa Paybill." According to the company, the new payment platform will allow citizens of Kenya to make bill payments whilst abroad. M-Pesa PayBill is...

Tanzania: Tigo inks money transfer service deal with Vodacom

Millions of M-Pesa and Tigo Pesa customers in Tanzania will soon be able to send and receive money directly into each other wallets. This follows the recent signing of a mobile money interoperability agreement between Tigo and Vodacom. The agreement...
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Partnership to Enable Facilitation of eCommerce Transactions

Network International, the facilitator of digital commerce across the Middle East and Africa, has expanded its collaboration with J.P....
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