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Ismail Ahmed, founder and CEO at WorldRemit, states that WorldRemit customers can send money with just a few taps on their smartphone and that the new cash pick up service in Algeria enables people in the diaspora to send money to be collected as cash at financial brands back home. WorldRemit customers currently send over 500,000 transfers every month

Digital money transfer service WorldRemit has launched new cash pick up services in Algeria. With the WorldRemit app or website, people in more than 50 countries can send instant money transfers to more than 125 destinations. WorldRemit customers can now send money to be collected as cash from any branch of Trust Bank Algeria.

Digital money transfer service WorldRemit has launched new cash pick up services in Algeria.

Digital money transfer service WorldRemit has launched a new cash pickup service in Algeria and Lebanon, according to a press release.In Lebanon, funds recipients can collect cash from more than 130 branches of Wings International. Algerian recipients can collect cash from any branch of Trust Bank Algeria across the country. With the WorldRemit app or website, people in more than 50 countries can send instant, secure money transfers to more than 125 destinations, the release said.

In Lebanon, funds recipients can collect cash from more than 130 branches of Wings International. Algerian recipients can collect cash from any branch of Trust Bank Algeria across the country. With the WorldRemit app or website, people in more than 50 countries can send instant, secure money transfers to more than 125 destinations, the release said.

With the WorldRemit app or website, people in more than 50 countries can send instant, secure money transfers to more than 125 destinations, the release said.

Nigerian fintech startup, Carbon, just announced that it has launched a $100,000 pan-African fund for startups.According to the company, the Carbon Disrupt Fund was set up to address the lack of funding and support holding back budding tech entrepreneurs on the continent. It will invest up to $10,000 per startup in exchange for a 5% equity.Also, startups will have access to Carbon’s API, and leverage Carbon’s growing customer base and innovative technology platform, to get to market faster. Additionally, the fund will provide mentorship, access to Carbon’s customers and payment platform, as well as office space in Carbon’s Lagos offices.

With Carbon, all loan requests, processes and payments are done via their android platform mobile app.You can borrow from as low as 5 cedis to as high as 1,000 cedis without the need to provide a collateral.All that is required of you as a loan applicant is your bio-data, your photograph, information about your employment and the loan amount you want.Once your loan has been reviewed and you pass the review process, your money is sent via the mobile wallet you applied with.

Its latest service – Carbon Express – enables users to initiate and complete transactions such as P2P transfers and bill payments from the keyboard without launching the Carbon app or leaving the app they are using. Instead, they will be able to access services from the touch of their keyboard enabling quicker Instagram or WhatsApp commerce.

Through the digital platforms, Prime Bank aims to make available a one stop solution to its customers in terms of funds transfer. With the inclusion of SimbaPay, the customers will be able to send money to friends and family across the world using their mobile phones.

To access the service, customers will need to login to the bank’s mobile banking app – PrimeMobi, then click on International Money Transfer icon on the homescreen. After confirming the amount to be sent, the sender’s bank account will be debited, and money credited to the beneficiary instantly.

SimbaPay is an award winning mobile app transforming the international remittance space. With a focus on extreme speed, convenience and constant innovation. Customers are able to send money to loved ones or even merchants, from wherever they are at any time of day or night. The company is headquartered in London and can be found online at www.SimbaPay.com SimbaPay is licensed and regulated by the Financial Conduct Authority.

SimbaPay is an award winning mobile app transforming the international remittance space. With a focus on extreme speed, convenience and constant innovation.

The device detects fires by sensing for a rate of rise of temperature, rather than smoke, which would cause many false alarms. In the event of a fire, the detectors communicate to one another by means of radio frequency (RF) to create a community wide alert – the alert is transmitted to neighbouring detectors within a 60m radius of the fire, giving the community at large the necessary advanced warning to deal with the fire before it becomes unmanageable.

That’s how mobile money accounts first came about. Mobile money apps don’t require a brick-and-mortar bank, but they otherwise end up functioning a lot like a bank account and debit card would for an American — meaning your average person in Kenya with such an account now has access to most of the same financial services a person in the US does. Mobile money got off the ground early in the developing world, where people used texting-based services before smartphones became common. There were early attempts to set up such systems in the 2000s in South Africa and the Philippines. But the breakthrough was the extraordinary early success of Kenya’s M-Pesa, which actually predates apps like Venmo. (“Pesa” is Swahili for money; the “M” stands for “mobile.”) The project that became M-Pesa started in 2002 when phone companies noticed that they had unintentionally invented something that almost resembled a currency.

As technology gives new entrants better and cheaper ways to compete for core banking business, banks’ dominant position could be challenged.

Balancing software development of system functionalities for both native iOS and Android, simultaneously, is quite challenging.

Beginning with our Product Discovery Workshop, we collaborated with Paga's product and marketing teams to help identify new core features and areas for improvement.

Belcash’s CEO will describe the partnership and challenges he has faced in rolling out an agent network targeting pastoralist clients at the 2015 SEEP Opening Plenary: Private Sector Partnerships: Creating Sustained Impact

BelCash Technology Solutions PLC - a Mercy Corps partner and Ethiopia’s first mobile and agent banking technology platform to launch agent-based mobile money services in Ethiopia’s Somali region.

In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.

M-PESA is restoring dignity to thousands of refugees. Through a partnership with the World Food Programme, we are leveraging M-PESA to help more refugees access food, through a product known as Chakula Chap Chap. M-PESA has enabled us to digitize food delivery for over 100,000 households. It has removed the opportunity for corruption by eliminating middle-men, and reduced the cost of distributing relief aid, creating employment and business opportunities for people in refugee camps. This initiative has shown us that our business can help bridge critical gaps for our society.

In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.

Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.

TPAY provides a much-needed mobile payment solution in markets with low banking penetration and high mobile adoption.

Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.

Financial inclusion, from my personal perspective, is the creation of value added services for the disadvantaged in the society. From the concept of Barefoot Banking to digital innovations, financial inclusion bridges the inequality financial gap that exists between the rural and the urban settings. My personal mission is to make it possible for the smallholder farmer who lives in the most remote parts of Ghana receive payment for his goods and services through a digital solution.

The Fintech space in Ghana is gradually picking up steam with active participation from the public and private sectors. Government regulations on e-money and mobile money technologies are favourable and aiding adoption and rolling out of new technologies every day targeted at the unbanked population. Out of the 6 major telecommunication companies operating in Ghana, 4 are mobile money enabled, facilitating financial transactions between businesses and consumers. Banks also have rolled out services that target financial inclusions. These positive tides are helping shape the Fintech landscape in Ghana.

EthioPay which specializes in cross-border payments to Ethiopia he is currently in TYE competing to win funding for EthioPay.  In his journey of understanding what it truly means to help others, he has uncovered the power of innovation. Innovation is the act or process of introducing new ideas, devices, or methods. Through his own life experiences of being a first-generation Eritrean American, he has found at the crossroads of innovation and entrepreneurship lies impact.