Kenya’s Wapi Pay raises $2.2 M pre-seed for cross-border payments between Africa and Asia
According to the World Bank, it is more expensive to send money to sub-Saharan Africa than to any region on the planet. It is likewise the most expensive region to send money from. In Q1 2020, individuals spent an average of 8.9% to send out cash to the area, much greater than the international average of […] It is likewise the most pricey region to send out cash from. The $ 2.2 million pre-seed financial investment revealed today will be essential to meeting those targets to scale up global payments and remittances between Africa and Asia.”These funds will assist Wapi Pay diversify our items drive and vary development so that we can evolve remittances into real-time international cross-border payments, beginning with Africa and Asia. …
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