•As a transaction platform, WorldRemit has been instrumental in the growth of diaspora remittance inflows to Kenya. •CBK data shows remittances recorded a 12 per cent growth to Sh31.2 billion in June ...

Africa’s remittance market, valued at nearly $100 billion in 2023, is undergoing a transformation led by innovative companies like SeerBit, Western Union, WorldRemit, Sendwave, and Flutterwave, a ...

•The developments come amid growing remittances as Kenyans working and living abroad continue to support loved ones back at home. •In July, they sent a record $378.1 million (Sh54.6 billion) mainly to ...

This new banking product allows users to earn interest, pay reduced fees on international remittances and get reimbursement of international transaction fees when using the card outside the US ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Sendwave operator Chime - unrelated to Chime Financial - has ...

In its latest rebuke of a money transfer provider, the Consumer Financial Protection Bureau has slammed Chime Inc. (doing business as Sendwave) for “deceiving consumers about the speed and cost of ...