6min chapter

FYI - For Your Innovation cover image

Cross-Border Payment Disruption with Ham Serunjogi

FYI - For Your Innovation

CHAPTER

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

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