Flutterwave, Amole Partner To Expand Remittance Facility Int

Flutterwave, Amole Partner To Expand Remittance Facility Into Ethiopia


Fintech firm, Flutterwave, has entered into a partnership with Ethiopia’s largest mobile Digital Wallet platform, Amole, to aid remittances into Ethiopia.
This was disclosed in a statement by the Flutterwave last week Thursday, noting that the partnership would enable Ethiopia’s 8 million diasporic community to send money through Amole.
The funds would be sent into Amole Wallet, bank accounts, and cash pickup location scattered across 2,500 locations.
Amole is a mobile money app of Ethiopia’s largest private bank – Dashen Bank, offering a digital payment framework for the convenience of Ethiopians.
The partnerships would accommodate International Money Transfer Operators (IMTOs) and Flutterwave’s products such as Barter by Flutterwave, assisting the 8 million Ethiopian diasporans to remit over $5 billion to Ethiopia annually.

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