Tag Archives: Remittance

15Nov/21

TerraPay partners with MTN Mobile Money Uganda Limited to aid real-time international money transfers into key international corridors

TerraPay, a global payments infrastructure company, today announced its association with MTN Mobile Money Uganda Limited, a leading telecom operator in Uganda and part of the MTN Group. The partnership will enable MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances and speedy money transfers to beneficiaries in regions such as India and China. Continue reading

12May/21

Mukuru Wins the Most Innovative Online Remittance App in the Global Brands Magazine – FinTech Awards 2021

Mukuru Africa (Pty) Ltd was awarded the “Most Innovative Online Remittance App” in South Africa by Global Brands Magazine during 2021 FinTech Awards Program. Mukuru Africa was recognized by the jury for their successful efforts in creating a reliable financial banking ecosystem. Continue reading

10Feb/15

Somalian lifeline cut off by suspension of remittance services

Somalia-Remittances

China Central Television (CCTV)

Most of the major U.S. banks have ended remittance services to Somalis after new regulations were passed to stop money from getting into the hands of terrorists such as Somalia’s Al Shabaab. However, funds sent back home to Somalia are crucial for many families and businesses in a country that lacks a proper financial system from years of fighting.
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