Migrant Money

Migrant Money

Making Remittances Count

We build a stronger case for the role of remittances towards improved foreign exchange, private sector investment, and as a gateway for financial inclusion of migrants towards the achievement of the Sustainable Development Goals.

Empowering Migrants to Maximize Impact

We go beyond making recommendations—and implement market-based interventions towards enabling regulatory changes, strengthening open digital payment ecosystems, and financing migrant-centric and gender-responsive innovations.

Solutions from
Real-world Experts

We are a global team of economists, regulators, data scientists, gender specialists, and payments and banking professionals. The intersection of migrants and finance is our unique expertise.

Our Latest Resources

Our comprehensive library of actionable research and insights is updated regularly, offering resources to a broad constituency of our partners who are interested in deepening their understanding of remittance markets and migrants’ financial needs, constraints, and aspirations.

Partner Spotlight

We don't simply make recommendations for improvement – we work directly with partners to implement solutions, developing products and services that strengthen the financial resilience of migrants and their families.

Private Sector

BRAC Bank

Working In: Bangladesh

Key Topic: Inclusive Innovation

BRAC Bank is a private commercial bank in Dhaka, Bangladesh. The bank is primarily focused on low-income customers, including small- and medium-sized enterprises.

With support from UNCDF, BRAC Bank is implementing multiple digital remittance channels including Visa Direct, Cash-to Digital, its own end-to-end digital remittance channels, and improving the UI/UX of their subsidiary digital remittance channel, BRAC Saajan. As part of the project, UNCDF has facilitated the Bank to create an ecosystem of remittance partners across the host countries by integrating through a digital remittance aggregator, RippleNet. The project also focused on improving the scale and usage of its two existing digital remittance solutions: direct account credit and direct bKash (mobile wallet) credit, as well as onboarding a new mobile wallet partner, through financial literacy, incentive designs and capacity building.

Our Events

Members of our team regularly share learnings and experiences from regional contexts at global platforms to reinforce best practices that are considerate of local challenges.

There are currently no upcoming UNCDF Migrant Money events. Explore our archive of past events for recordings, presentations, and other resources from our team of remittance experts — and check back to find out where we'll be next.