AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Biggest Barrier to Cross Border Money in Africa
To send 200 dollars from south africa to kena, according to numbers from the world bank banks, still require fees of between 20 and 30 %. Mobile transfer operators, such as monegram or vessel union, they range around 15%. And then you have a whole host of newr may be more innovative, money transfer operators,. that are kind of falling into the sup ten percent fee category. And then you actually have chipper cash at the very bottom with about five% So could you maybe give us little bit insite into probably without giving away your secret sauce? We lag earit. It all reminds me of this very funny phrase steve jones used to say, isn