Pesa unlocks new markets to keep remittances flowing to emerging economies

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TechCrunch 11h ago

Pesa unlocks new markets to keep remittances flowing to emerging economies - TechCrunch

Quick Summary:

The World Bank estimates a further rise in 2024 and 2025 against increasing demand for fast, affordable and reliable cross-border remittance services.

The fintech is in the final stages of acquiring the requisite licenses for roll out in the United States, having just recently launched in 27 European countries after Canada success.

Pesa’s goal right off the bat was to enable users to send money in the “most secure and fastest way possible” and to “remove borders around money,” Osho, the startup’s CEO, told TechCrunch.