Basic Information
Project Summary:
Africa is the poorest region in the world but faces the highest remittance costs with fees averaging 10%, the highest rate in the world and double the global average charge of 5%. CashEx is working to eliminate these high transfer fees. We are doing this by matching requests to send money into Africa ($80 annually) with requests to send money out of Africa ($253 billion annually).
Sector
Finance, Employment & EntrepreneurshipProject Video
Solution Team
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Where our solution team is headquartered or located:
Lagos, Nigeria