Sentence examples for mobile remittance service from inspiring English sources
WorldRemit, a UK-based startup that is going after the Western Unions and MoneyGrams of the world with a commission-beating online and mobile remittance service, has raised another $100 million — funding that it will use to continue building out its service globally, and specifically in the U.S., where it has laid down roots in Denver.
In February, Smart Communications launched Smart Remit, a low-cost remittance service using the mobile phone as a financial service platform.
An investor who judged the mobile track, Gautam Gupta from General Catalyst Partners, told me Prepay Nation seemed promising to him because the company leverages several trends in the mobile ecosystem to provide their unique remittance service.
This can be done when DRC public policymakers aim to improve ICT services to farmers by removing administrative barriers that prevent the development of mobile banking, mobile remittance and the exchange of agricultural input price information.
"TransferTo is building the leading global mobile remittance hub," said Barbier.
Pockit, a mobile banking app that provides current account functionality and is targeting the U.K.'s "underbanked," has picked up £2.9 million in further funding and will soon begin rolling out a remittance service to make it easier for its users to send money abroad.
Abra, a remittance service built on top of the Blockchain, has closed $12 million in Series A funding.
The iPad is likely too expensive for people who would benefit the most from a cheaper Facebook Messenger remittance service.
Fonkoze has its own remittance service and is also a vendor for MoneyGram, CAM and Unitransfer.
Some MFIs offer credit (small loans) only, while others offer savings products, insurance, remittance services and mobile banking.
And mobile/digital remittance services are booming as they offer reduced fees mainly thanks to lower-fixed costs (maintaining a mobile app is much cheaper than operating a retail network).
