Ethiopia’s Central Bank bans four U.S. remittance companies over fraudulent moves

The NBE has specifically urged diaspora senders to use licensed channels only.

Zepz to use stablecoins to optimise its remittance back-office infrastructure

Zepz to integrate stablecoins like USDC into its remittance infrastructure. Here's how this shift may reshape cross-border money movement.

Scoop: CBN releases list of 108 IMTOs with commercial approval

Full list and country breakdown of all the 108 IMTOs licensed by the CBN to facilitate inward remittance to Nigeria.

EXCLUSIVE: Moniepoint tests remittance product

This new offering is currently in an invite-only beta stage and precedes a planned public launch

PalmPay eyes remittances as it mulls Asia Expansion

This move aligns with a growing trend among African fintechs to tap into the global remittance market, particularly in Asia

LemFi raises $53 million Series B to fuel European and Asian expansion

LemFi will leverage this funding to expand its service offerings, scale its payment network licenses and partnerships globally, enabling hyper-localised service delivery.

BREAKING: LemFi expands to Europe. The journey so far.

LemFi, a fast-growing remittance startup with over 1M customers, and more than $33M in disclosed funding has expanded to Europe. Here is the journey so far.

Black tax accounts for almost 50% of UK-Nigeria remittances per Ohentpay report

The report also states that these earnings are used to provide financial support for their loved ones back home and more below.