WorldRemit has signed an agreement with Lebara to make itself an exclusive global money transfer partner of Lebara, including transfers to more than 40 African countries
Mobile
Swiss government grants US$250,000 to Ghana’s Zeepay to improve mobile payment
The Swiss government has granted US$250,000 to Zeepay, Accra-based mobile financial services company, aiming to improve mobile remittance services in Ghana
Branch International to speed-up use of mobile banking technology across Africa
Branch International, a mobile branchless bank for emerging markets, has announced a US$70mn Series B investment to further expand its financial offerings to additional countries
Ecobank mobile app reaches four million users accounts in Africa
The upgraded version of Ecobank’s mobile app has attracted three million new customers in six months, thus taking the total number of users to four million
PayPal to partner with African mobile money companies
The US-based e-commerce giant PayPal has announced plans to collaborate with African mobile money companies to provide services to the region’s unbanked population