The Fintech Agreement aims to secure lower-cost funding from Africa.
May 26, 2025
Fintech Companies Unite to Lower Remittance Costs in Africa In an effort to tackle the high costs associated with sending money to Africa, two leading global financial technology companies have partnered. Recent data from the World Bank reveals that sending $200 to sub-Saharan Africa incurs an average fee of 8.72%—making it the most expensive payment