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M-PESA (M for mobile, PESA is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. [1] It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia.
M-PESA (M for mobile, pesa is Swahili for money) is a mobile phone-based money transfer, financing and micro financing service, launched in 2007 by Vodafone for Safaricom and Vodacom. M-PESA was originally designed as a system to allow microfinance-loan repayments to be made by phone, reducing the costs associated with handling cash.
M-Kopa (M for mobile, kopa is Swahili for borrow, stylized as M-KOPA) [1] is a UK-headquartered emerging maket fintech platform that provides affordable smartphones and digital financial services. [2] [3] M-Kopa was launched commercially in 2012 and is headquartered in London. The company is currently operating in Kenya, Nigeria, Ghana, Uganda ...
Electronic money transfers are the fastest and most convenient way to move funds, whether you’re splitting a restaurant bill with friends or sending a birthday gift to a relative.
4.5 out of 5 Overall. Key Features. Free domestic transfers. Great tools for freelancers. Strong security measures. Get Details. PayPal is the grandparent of money transfer apps, as it’s been ...
Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.
Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. [ 2 ] [ 3 ] [ 4 ] Ria initiates transfers through a network of agents and company-owned stores located throughout North America, South America, Europe, Asia-Pacific, Africa, and online.
Last year, Soma Bags (“Reading Bags” in Swahili) sold 36,000 solar backpacks to people across Africa, providing an invaluable energy source for when the sun goes down. Affordable light for ...
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