Pesa unlocks new markets to keep remittances flowing to emerging economies
- Pesa, a remittance fintech, is innovating responsive remittance products to address the costly and unreliable nature of traditional remittance services.
- The World Bank predicts a rise in remittances to low-and-middle-income countries, creating a demand for fast and affordable cross-border remittance services.
- Pesa is expanding its coverage to enable users in various regions to send money to African markets and India, the leading remittance destination.
Pesa's innovative approach to remittance services and their focus on providing secure and fast cross-border transactions position them well in the competitive fintech industry. Their expansion into new markets, including Africa, India, and the United States, shows their commitment to meeting the increasing demand for affordable and reliable remittance solutions. With their profitability and impressive transaction volume, Pesa has the potential to disrupt the traditional remittance market and become a major player in the industry.
