Flutterwave’s Send App Returns to Europe, Boosting Remittance Options for African Diaspora
African fintech titan Flutterwave has announced the significant relaunch of its cross-border payments platform, Send App, across Europe. This strategic reintroduction provides a crucial service for Africans living abroad, offering a significantly faster and more secure avenue to transfer funds back to their home countries on the continent. The updated Send App comes equipped with major security enhancements, an expanded array of payment methods, and broadened operational reach across several key European nations.
Empowering the Diaspora: A Critical Return to a Growing Market
The timing of Send App’s return is particularly pertinent, given Europe’s standing as host to one of the largest African diaspora communities globally, a demographic that collectively remits billions of dollars to Africa each year. This move by Flutterwave aligns with a broader global trend: the World Bank projects that remittance flows to low- and middle-income countries are set to reach an impressive $690 billion by 2025. Olugbenga ‘GB’ Agboola, CEO and founder of Flutterwave, underscored the company’s deep commitment, stating, “This isn’t just a resumption; it’s a renewed commitment to our community.” The revitalized Send App now facilitates seamless money transfers originating from Ireland, France, Germany, and Italy. These funds can be securely sent to a growing list of African nations, including Nigeria, Egypt, Cameroon, and Côte d’Ivoire, thereby significantly enhancing financial connectivity and support for families and businesses.
The re-launch of Flutterwave’s Send App marks a pivotal development for the African diaspora, simplifying the vital process of sending money home with enhanced convenience and security. By directly addressing the needs of a key demographic and tapping into the booming global remittance market, Flutterwave reaffirms its position as a leading innovator in African fintech, dedicated to fostering economic ties and supporting communities across borders.
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