Pesa Expands Options for Remittances in Emerging Markets

Monday, 22 July 2024, 07:33

Pesa was founded by individuals who experienced the challenges of sending money through informal channels after relocating to Canada. Their insights highlighted the widespread use of these informal channels, which prompted the launch of Pesa. By tapping into new markets, Pesa aims to ensure that remittance flows continue to support emerging economies, ultimately enhancing financial accessibility and economic growth.
TechCrunch
Pesa Expands Options for Remittances in Emerging Markets

Introduction to Pesa

Pesa was launched out of the founders' experiences with informal money transfer channels. After settling in Canada, they saw the importance of these channels for the immigrant community.

Market Expansion Efforts

The founders recognized that many individuals rely on these methods for sending remittances home. In response, they decided to develop solutions aimed at enhancing accessibility to remittance services.

Conclusion

By expanding strategically into new markets, Pesa is on a mission to ensure the continued flow of remittances into emerging economies, ultimately contributing to economic growth and stability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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