WorldRemit secures funding to spur global growth

February 18, 2015 9:44 am1 comment
WorldRemit founder and Chief Executive Officer, Ismail Ahmed

JOHANNESBURG – WORLDREMIT, the online money transfer service, announced it has raised $100 million from a round of funding led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners. This investment will allow WorldRemit to extend its existing reach of 50 send countries and 117 receive countries, […]

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Mobile money uptake soars in Kenya

7:13 am1 comment
M-PESA

NAIROBI  – KENYA’S mobile money uptake has grown significantly to Sh 2,37 trillion in 2014, the Central Bank of Kenya (CBK) revealed. This is up from Sh 1, 9 trillion. According to statistical data from the central bank, the latest transaction represented a 24,7 per cent increase within a period […]

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MTN SA Cloud offering an industry first

February 17, 2015 3:03 pm1 comment
MTN SA

JOHANNESBURG – IN what is believed to be a first in the industry, MTN has launched a cloud service that provides South African customers with unlimited storage capacity across a range of devices. The service is at a monthly fee of R99, is available to both prepaid and post-paid customers […]

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