Fintech startup LemFi raises $53M to help immigrants send money home
LemFi is transforming remittance services for the Global South, offering faster and cheaper alternatives for immigrants sending money home.
New Prosperos app aims to improve money transfer process for immigrant families
Prósperos revolutionizes money transfers for immigrant families ensuring safety and convenience, while offering recipients easy access to funds via a Mastercard.
Why ORNG's founder pivoted from college food ordering to real-time money transfer | TechCrunch
Alex Parmley launched ORNG to enable instant, cross-border money transfers, addressing the slow payment issues he experienced with his previous company, Phood.
Common Mistakes to Avoid When Sending Money to Nigeria
Always compare exchange rates before sending money to Nigeria to ensure you get the best deal.
Long transaction times can be a sign of a scam; choose a reliable transfer service.
The medium you use for money transfer affects costs and speed; research your options.
Western Union resumes money transfers to Cuba after 'cybersecurity' incident
Western Union has resumed money transfer services to Cuba up to $2,000 per transaction after a temporary halt due to a cybersecurity incident.
How to send money to Mexico from the US
Remittances to Mexico reached 63 billion in 2023, with Indian migrants sending around 125 billion annually.
Remittances are crucial for consumption needs and long-term investment in activities like starting businesses for economic development.