This is a U.S. news story, published by TechCrunch, that relates primarily to The World Bank news.
For more U.S. news, you can click here:
more U.S. newsFor more Africa business & economics news, you can click here:
more Africa business & economics newsFor more news from TechCrunch, you can click here:
more news from TechCrunchOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Africa business & economics, you might also like this article about
Africa remittance market. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Digital remittance tools news, remittances news, news about Africa business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
remittance fintechTechCrunch
•82% Informative
Remittances to low-and-middle-income countries (LMICs) are reported to have increased by 38% over the last six years to $656 billion by the end of 2023 .
The World Bank estimates a further rise in demand for fast, affordable and reliable cross-border remittance services.
The fintech is in the final stages of acquiring licenses for roll out in the U.S. and 27 European Union countries.
VR Score
82
Informative language
82
Neutral language
20
Article tone
semi-formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
7
Source diversity
6
Affiliate links
no affiliate links