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BoG suspends CBG’s forex trading license

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The Bank of Ghana (BoG) has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG) for a period of one month due...

MTN Nigeria MoMo launches inbound and outbound remittance service across Africa

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MoMo PSB, the fintech subsidiary of MTN Nigeria, has announced the launch of its outbound and inbound remittance services, enabling customers in Nigeria to...

Flutterwave’s Send App reach 49 US states with remittance service

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Flutterwave has partnered with MainStreet Bank to extend its remittances services via the Send App to 49 states in the United States of America. This...

BoG refutes claims it could not account for $11.6 billion remittances

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The Bank of Ghana has totally dismissed unlearned claims that it could not account for $11.6 billion worth of foreign remittances over the last...

Central Bank of Kenya approves LemFi’s Remittance to Kenya, in partnership...

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RightCard Payment Services Limited, trading as LemFi has announced that it has obtained additional approval from the Central Bank of Kenya (“CBK”) to operate...

TBD expands in Africa, adds Chipper Cash to growing tbDEX ecosystem

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TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, today announces that leading African fintech...

Central Bank of Kenya approves LemFi remittance to Kenya, in...

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RightCard Payment Services Limited, trading as LemFi, has received approval from the Central Bank of Kenya (CBK) to operate remittances into Kenya in partnership...

Lemfi’s RightCard get’s approval from Bank of Ghana to bring remittances...

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RightCard Payment Services Limited (LemFi) has finally obtained approval from the Bank of Ghana (BoG) to resume its remittance services to Ghana with some...

BoG warns that a breach of remittance guidelines will attract severe...

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The Bank of Ghana has reminded players in the remittance business of the need to play by the rules or face severe consequences. In a...

Sendwave creates bank accounts for migrants in US

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Remittance outfit Sendwave has launched a banking product for migrants in the United States. Sendwave, which is owned by London-based fintech Zepz, is offering select...
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