A money transfer service that allows users to send money internationally, particularly to Africa.
Bank of Ghana Suspends Five Remittance Partners for One Month
The Bank of Ghana is suspending all remittance partnerships of Taptap Send, Top Connect, Remit Choice, Send App, and Afriex for one month. The suspension is due to breaches of the Updated Guidelines for Inward Remittance Services by Payment Service Providers.
LemFi moves remittances further into Asia and Europe with $53M in new funding
Remittances inflows surpassed $669 billion in 2023. LemFi secured $53 million in new funding to expand operations.
