Authors: Sarah Lober, Mamadou Diallo, and Mahamadou Ilboudo Key insights Senegal is one of the top remittance-receiving countries in Africa, and its remittance services market is ripe for digital innovation. Wizall Money is one of the few providers in Senegal offering mobile money payouts via its recently-introduced digital wallet. Only 20 percent of Wizall’s […]
Authors: Ali Asad Rashid, Houle Cao and Robin Gravesteijn Key takeaways Inbound remittance receipts are a lifeline for Nepal’s economy and people. To support these transactions, in 2020, IME Pay combined its existing international remittance and mobile wallet services to enable customers to receive international remittance transfers directly into their mobile wallets. Overall, women have […]
Shifting from cash to digital remittances during the pandemic: A case study of BRAC Bank in Bangladesh
Authors: Houle Cao, Robin Gravesteijn and Premasis Mukherjee ©UNCDF Key takeaways Remittances are a lifeline for people in Bangladesh, one of the top remittance-receiving countries in the world. BRAC Bank and UNCDF are partnering to support digitization and value-added services for the country’s remittance recipients. While women comprise 60 percent of the remittance recipients […]
©UNCDF Authors: Marup Hossain, Muhammad Ali Akram and Eugenia Perez Pons Key takeaways The Gambian economy greatly depends on international remittances, more than ever during the COVID-19 pandemic period. However, the country is currently unable to take full advantage of these flows because a large share is sent through informal mechanisms. As a result, there […]
Invitation to a “Webinar on Innovation Pilots Focused on Migrant Financial Resilience,” 19 and 21 July
UNCDF is pleased to invite you to a closed-group webinar on Innovation Pilots Focused on Migrant Financial Resilience to share an overview of its work and plans for the financial resilience of women and men on the move. We will be sharing an overview of a forthcoming RFA that will enable value-chain players to access our financial and technical support to aid the development of innovative and scalable migrant-centric financial resilience solutions.