Browsing: remittances

South Africa Playing A Leading Role In Africa’s FinTech Revolution

By Staff WriterFebruary 13, 2024

Africa has emerged as a hub for fintech innovation as multiple factors converge to catalyse transformative change within the financial…

SA Consumers Prefer Digital-Only Money Transfer Services

By Gugu LourieMarch 27, 2023

Two in three (64%) consumers in South Africa prefer using digital-only platforms when transferring money internationally, according to Western Union’s…

MTN Adds 2.2 Million New Mobile Money Subscribers in Q3 To Reach 51.1 Million

By Gugu LourieNovember 4, 2021

MTN Group announced on Thursday that it has added Active MTN Mobile Money (MoMo) customers increased by 2.2 million to…

Visa Buys Currencycloud, A FinTech That Gives Businesses Capability To Move Money Across Borders

By Staff WriterJuly 22, 2021

Visa today announced it will buy Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange…

Hello Paisa Empowers Financial Inclusion Through Reduced Remittance Rates

By Staff WriterOctober 8, 2020

According to the World Bank, international remittances have declined by an estimated 20% worldwide. Compounded by job losses across sectors,…

SA FinTech Player Mama Money Expands Globally With Western Union

By Staff WriterJune 30, 2020

South Africa’s Mama Money has joined forces with Western Union, the world leader in cross-border, cross-currency money movement and payments.…

TerraPay Facilitates Cross-Border Remittances in 20 African Countries

By ContributorDecember 18, 2019

TerraPay, a mobile-first international payment network, today announced that it has partnered with UBA Group, a leading pan-African financial services group headquartered…