Thursday, July 24, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

Nigerians in Diaspora Can Now Send Money to Loved Ones Via Paga App

Tech Gist Africa by Tech Gist Africa
04/25/2019
in Africa, Africa News, News
0 0
0
Nigerians in Diaspora Can Now Send Money to Loved Ones Via Paga App

Photocredit: guardian.ng

0
SHARES
Share on FacebookShare on Twitter

Prior to the present digital era, Africa has been stuck with traditional means of banking. Even with the presence of the banking sector in Africa, a significant percentage of Africa’s population are still unbanked. A statistic by EFInA (Enhancing Financial Innovation & Access) in Sub-Saharan shows that Nigeria, compared to other countries has 40% banked population and 37% unbanked population.

However, many fintechs have driven Africa’s financial inclusion over the years, disrupting the regular way of banking with more seamless means of transaction. Building a bridge between the unbanked and the banked especially in the rural areas, this is however not enough as there are still some areas that are untouched, areas like seamless money remittance.


See also: IFC Launches Accelerator Program to Empower Fintechs in Egypt


According to EFInA’s statistics about 43% of Nigerians remit money abroad with a significant amount of 57% excluded. Nigerian digital payment platform Paga has built a bridge to curtail the stress of travelling distances and standing in long queues to receive money from abroad through its partnership with WorldRemit.

This partnership will not only reduce excessive charges on money transfer outside the shores of Africa but will also strengthen WorldRemit’s presence in Nigeria. Nigerians in diaspora can now send money through the WorldRemit app or website to Paga users in Nigeria, and when received, the recipient can choose to transfer from their Paga wallet to another wallet and even their bank accounts.

WorldRemit said the partnership is a step in the right direction as they hope to leverage on Paga’s presence in Nigeria to deepen Financial inclusion. Tayo Oviosu, CEO and Founder of Paga also said that the partnership with WorldRemit is a further example of their commitment to offer seamless remittance services.

 

More on TechGist Africa

  • South African Government Finally Heeds to the Cries of FEDHASA, Regulates Airbnb
  • Oslo’s Katapult Future Fest 2019 to Feature Nigeria’s Publiseer
  • BBM Will Finally Say Goodbye on the 31st of May
  • Netflix Finally Debuts its First Original African Animated Series
  • Telkom’s Omniconnect Cuts Communication Cost for Kenyan Businesses
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

telecommunications
Mobile networks

Cameroon Fines MTN and Orange $4.6 Million for Poor Service Delivery

by Tech Gist Africa
07/11/2025
0

Cameroon’s telecom regulator has issued fines totaling approximately 2.6 billion CFA francs (around US $4.6 million) to MTN Cameroon and Orange...

Read more
Cerebrium South Africa

Cerebrium, a South African AI startup raises $8.5 million seed funding

07/11/2025
Aria Ventures Egypt

Aria Ventures Launches $1 Million Fund to Boost Deep‑Tech Investment in Egypt

07/10/2025
BuuPass QuickBus Kenya

BuuPass, a Kenyan mobility startup has secured strategic funding from Yango Ventures

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Next Post
MTN Tower

MTN Nigeria goes Public as Part of NSE’s Requirement for Listing

How Drones Perform Last-mile Delivery in Rural Africa

How Drones Perform Last-mile Delivery in Rural Africa

Google Partners CcHub to Link Africa’s Advanced Tech Startups with Asian Innovation Manufactures

Google Partners CcHub to Link Africa's Advanced Tech Startups with Asian Innovation Manufactures

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.