Statista projects the Ghanaian digital payments market to reach $7.46 billion in 2024, with a projected CAGR (compound annual growth rate) of 14.81% leading to a market size of $12.96 billion by 2028.
Previously focused on the United States, Canada, and the United Kingdom, LemFi now allows users to send money to family and friends in Brazil and Mexico, with plans to expand to additional countries soon.
In 2023, remittances from Moroccans living abroad reached a record €10.71 billion, with France, Spain, Saudi Arabia, and Italy being key sending countries.
In 2023, remittances from Moroccans living abroad reached a record €10.71 billion, with France, Spain, Saudi Arabia, and Italy being key sending countries.
Before its demise, YallaXash boasted an extensive network of over 12,000 physical payout locations in Morocco through partnerships with local financial institutions and cash transfer services.
