If you’re a fintech startup planning to venture into the online money transfer (remittance) service and seeking a cost-effective solution to facilitate your launch, you’ve come to the right place. We present three options for fintech startups like yours who…
Remittance as a Service (RaaS) is a cloud-based platform that allows businesses to offer money transfer services to their customers. RaaS providers offer a turnkey solution that includes the technology, infrastructure, and compliance support needed to operate a money transfer…
Pre-funding is a financial arrangement that is commonly used in the world of international money transfers, particularly in the remittance industry. Here’s a more detailed explanation: Why is Pre-funding Required? What is it Used For? Pre-funding is used to guarantee…
When considering or reviewing Remittance-as-a-Service, one common question revolves around the availability of APIs, web applications, and mobile apps. In the standard Remittance-as-a-Service offering, the primary provision is an API provided by the Principal License Holder, who is the solution…
The cross-border money transfer and remittances industry is one of the largest in the world with a recent study suggesting that money transfer operators account for over 45% of global sales. If you want to get started in this industry…
Africa can best be summed up by a quote from Winston Churchill: It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. It has its fair set of challenges, but its a great place to…