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Flutterwave partners Ethiopia's Amole to aid instant cash transfer Tech News
Dashen Bank, one of the biggest private banks in Ethiopia of Ethiopia, partnered with Flutterwave, Africa’s leading payments technology company, and launched a new electronic remittance transfer platform. Amole, Ethiopia’s largest mobile Digital Wallet platform, which has been used by Dashen Bank now can allow 8 million Ethiopians in Diaspora (who remit over $5 billion annually) to send money home instantly. This is announced in Addis Ababa on Friday. “The new partnership with Flutterwave will serve the Ethiopian economy by making diaspora remittances easier for over 8 million members ...
Image sourced from Techpoint Africa Flutterwave has partnered with Amole to facilitate money transfers into Ethiopia. Through this agreement, Amole Wallet users will be able to send money to bank accounts and cash pickup locations at over 2,500 locations across the country. This news comes at a time when many remittance services in Ethiopia today are seen as too expensive, with manual paperwork and delays making it challenging and time-consuming. The partnership is expected to solve these problems by providing instant delivery of funds to the receiver at no fee, with more control of where an...
Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia to Amole’s Digital Wallet and Bank Accounts Share Article The partnership will allow over 8m Ethiopian Diaspora to send money instantly through Amole, to Amole Wallet, bank accounts and cash pickup locations at over 2500 locations. Flutterwave & Amole Logo Yemiru Chanyalew, CEO Moneta Technologies, SC – said: “We are very excited to work with Flutterwave and leverage our combined technologies to broaden our offering to Ethiopian Diaspora community consumers and merchants to enable cross-border remittance and commerc...