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What it means to be an Africa-first b2b fintech

What_it means_to_be_an_Africa_first_b2b_fintech_AZA_Finance

For the past ten years, we’ve been laser-focused on helping businesses across the continent create Africa’s trillion-dollar growth.  By building financial infrastructure and more connections between Africa and G20 currencies, we connected fintechs, businesses, banks, telcos, and NGOs across Africa with their counterparts in Europe, Latin America, North America, Asia, and beyond.  As these enterprises […]

Remittance Trends By Region

Remittance (international money transfer) has grown exponentially over the past year, with the global workforce becoming increasingly mobile. Sending money abroad comes with the complexities of different international currencies and banking systems – which significantly affects how remittance flows from region to region. To be up to date on remittance trends, read on to see […]

4 Ways Remittances will Change in the Post-COVID Era

4_Ways_Remittances_will_Change_in_the_Post_COVID_Era

It would be an understatement to say that the coronavirus pandemic has impacted every aspect of life as we know it, including remittances.  At the beginning of 2020, the World Bank had predicted that remittances would increase at an all-time high. A few months into the pandemic, they revised this and reported that they would […]

The New CBN Regulations: Impact on Remittances to Nigeria

The New CBN Regulations_ Impact on Remittances to Nigeria

According to a report by PwC, the Nigerian diaspora sent around $25 billion in remittances back home in 2018, a figure that would only have grown in the subsequent year given that many Nigerians continue to work and build businesses that have operations in their home country and countries abroad. PwC projects that the numbers […]

The Future of Intra-African Remittances

Intra-Africa remittances were predicted to surge this year as a result of the upcoming AfCFTA agreement and increased movement of labor within the continent. Coupled with loss of employment as a result of COVID-19, we expect increased migration in the region, which in turn will increase intra-Africa remittances. Here are 5 things that need to […]

Why Africa Will be The Next Remittance Market Post COVID-19

After years of consecutive growth, remittances to Africa are predicted to drop by 23.1% this year due to COVID-19, as per the World Bank reports. However, as lockdown measures begin to ease across the world and the economy picks up again, we expect the remittance sector to boost towards the end of the year. Here […]

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