Vodafone Egypt and TapTap Send Launch Cross-Border Transfers to Vodafone Cash Wallets
Vodafone Egypt and TapTap Send enable instant cross-border transfers to mobile wallets, boosting financial inclusion and digital remittance adoption.
remittances
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du Pay partners with Esewa Money Transfer to enhance digital remittances for Nepalese community in UAE
du Pay and Esewa Money Transfer have partnered to enhance wallet-to-wallet remittances for Nepalese expatriates in the UAE, offering incentives to encourage digital transfers. The initiative aims to improve convenience, speed, and financial inclusion while supporting the growing adoption of fintech-based cross-border payment solutions.
Munify Raises $3M to Redefine Cross-Border Banking for Egyptian Diaspora
Munify has raised $3 million in seed funding led by Y Combinator to revolutionize remittances for Egyptians abroad. The platform offers instant USD accounts, virtual cards, and low-cost transfers, already securing $50M in projected monthly transactions. It plans regional expansion to build a connected Middle Eastern banking ecosystem.
Egypt’s Munify Raises $3M Seed Funding to Expand Cross-Border Digital Banking
Munify has raised $3M in seed funding led by Y Combinator to expand its cross-border digital banking services for Egyptians abroad. The fintech aims to reduce remittance costs, improve access to global banking, and strengthen financial inclusion for expatriates.
pawaPay Expands Inbound Remittance Service Across Seven African Markets with Airtel Money Africa
pawaPay and Airtel Money Africa expand inbound remittance services across seven countries, enhancing cross-border payments with real-time mobile wallet transactions to over 161 million users. The partnership aims to boost financial inclusion and simplify payments across Africa.
Flutterwave Launches Send App in Egypt to Simplify Cross-Border Remittances
Flutterwave’s Send App launch in Egypt enhances cross-border remittances with secure, fast, and accessible transfers, empowering the Egyptian diaspora to support families and communities while advancing Africa’s fintech ecosystem.
Pakistan to Facilitate Remittances from Overseas Workers via PayPak Digital Payment Scheme
Pakistan plans to enable secure remittances from overseas workers, especially in Gulf countries, via PayPak. The initiative aims to digitize payments and improve access for millions of Pakistanis abroad.
LemFi Launches in Egypt to Serve Growing Remittance Market
LemFi launches in Egypt, targeting its $29.6B remittance market and diaspora in the US, UK, and Europe. The fintech leverages rising digital payments and aims to expand further in North Africa and beyond.
LemFi Expands Cross-Border Money Transfer Services to Egypt Amid Surging Remittances
LemFi launched money transfer services to Egypt, leveraging rapid remittance growth and offering fast, low-cost transfers to support the Egyptian diaspora in key global markets.
Careem Pay Expands Remittance Service to Egypt, Offering Quick and Competitive Transfers
Careem Pay has expanded its remittance service to Egypt, allowing UAE residents to send money directly to Egyptian bank accounts with competitive rates and near-instant transfers. This service, which offers a 50% cost saving over banks, is launched in time for Ramadan, when remittances typically see an increase.
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