MoneyGram a global provider of money transfer services, teamed up with Zeepay, a leading African FINTECH Giant, to allow customers to send money directly to all mobile wallets in Ghana in minutes.

Zeepay is the fastest growing fintech focusing on digital rails to connect digital assets such as mobile money Wallets, Cards, ATMs, Bank Account and Digital Tokens to International Money Transfer Operators, Payments, Subscriptions, International Airtime and Refugee payments. In an effort to improve financial inclusion and make the world a better place to live. We are a Mobile Financial Services Company with Offices around the World including the United Kingdom and regulated by the Financial Conduct Authority and other Regulators across Africa.

<ul>FundingFawry has raised a total of $122M in funding over 4 rounds. Their latest funding was raised on Jul 1, 2019 from a Private Equity round.Fawry is registered under the ticker EGX:FWRY .Fawry is funded by 5 investors. responsAbility&nbsp;and&nbsp;Egyptian-American Enterprise Fund are the most recent investors.Fawry has made 2 investments. Their most recent investment was on Feb 16, 2020, when Bosta raised <list-m</ul>

Fawry provides users with a secure electronic bill payments&nbsp;solution, connecting consumers, merchants, governments and financial institutions on a&nbsp;consolidated gateway that is accessible through multiple channels, including Point of Sale (POS)&nbsp;machines, ATMs, post offices, online and through mobile wallets.&nbsp;

Fawry had witnessed a surge in its stock price during the first two months after its public markets debut but the price afterward remained almost flat until March – when they also saw it drop to one of its lowest points of EGP 7 per share. But since then, it has been on an upward trajectory – which also coincides with Covid-19.

Fawry network has an extensive list of Biller members, allowing you to easily complete your payments on time without the hassle of going to the Biller outlet or waiting in line. You can also make multiple payments at the same instance covering your various obligations on time, and receiving a confirmation of payment.

FarmDrive combats this lack of financial visibility by calculating alternative credit scores for Kenyan smallholder farmers. The startup requires users to input their expenses, revenue and yield via SMS and creates a platform for farmers to record business activity. FarmDrive then uses a complex algorithm to combine individual financial information with additional factors like the climate in the farmer’s region.

Kenyan agri-tech startup FarmDrive has accessed further financing as it expands operations to provide access to credit for three million smallholder farmers.

While financial inclusion in the country has increased, many farmers remain excluded. Limited financing for farmers is due, in part, to a lack of available credible risk-assessment information for financial institutions. Many small farmers are unbanked and off the financial grid, without credit profiles to verify or back up details on their annual income, business expenses or yields.

FarmDrive collects and aggregates alternative datasets from multiple sources, in Kenya and around the world, to build credit scores for smallholder farmers in Africa.

Bismart offers potential insurance customers more transparency as a better basis for deciding between various insurance packages.

Kenyan insurtech startup Bismart has raised an undisclosed amount of funding from the Germany-based GreenTec Capital, which alongside initial investment will allow it to develop its platform and launch its service offerings by the start of Q4.

Bismart is working with GreenTec Capital and Konfid.io to develop a blockchain based solution to administer and process insurance claims. To facilitate insurance premium payments, the company is developing a mobile-money based digital wallet&nbsp; system with Flowcash to help users save up for payments.

Bismart is a Kenya-based company developing Africa’s first blockchain-powered InsureTech platform to address the primary pain points for African Insurance consumers, namely trust and affordability. The platform will include innovating savings and financial planning tools to help consumers save for and manage premium payments as well as leverage blockchain technology to increase transparency and efficiency.&nbsp;

Bismart Insurance enables the uninsured African population to access Insurance through co-creating relevant products with existing affinity groups like saccos, schools, welfare groups, Micro-finance institutions etc and connecting them to insurance companies through technology.&nbsp;

“Through our digital platforms, we aim to make available a one stop solution to our customers in terms of funds transfer and with the inclusion of SimbaPay, our customers will now send money to friends and family across the world at the comfort of their mobile phones,” added Kantaria.

SimbaPay is revolutionizing the $64 billion cross border payments market in Africa by allowing the diaspora community to send money directly to the banked and the unbanked at a 1/3rd of the cost of typical solutions used today. Using only the recipient’s phone number, SimbaPay’s technology ensures that payments are delivered within seconds to the recipient’s preferred mobile or bank account.

RECEIVE COUNTRIES Send money to recipients in these countries ASIA: China, IndiaEUROPE: Austria, Belgium, France, Germany, Italy, United Kingdom, Portugal, Spain, TurkeyAFRICA: Burundi, Rwanda, Tanzania, Uganda, MadagascarCOMING SOON: Canada, USA &amp; Australia among other countries