With international travel facing continued uncertainty amid the global Covid-19 pandemic, remittances on the African continent are moving from informal channels requiring travel and in-person contact to formal channels. The weakening of informal remittance practices has contributed to accelerated growth in the formal remittance sector, including for ECP portfolio company Mukuru.
To learn more click here: https://african.business/2020/11/finance-services/fintechs-seize-opportunities-in-africas-remittances-market/
