Zeepay, one of the world’s fastest-growing Fintech companies, has been given the green light by the Central Bank of Barbados, to establish its Zeemoney Caribbean Headquarters on the island. Andrew Takyi-Appiah, Co-Founder and CEO of Zeepay, says the Barbados operation will create direct and indirect employment for about 10,000 Barbadians, while also stimulating the fintech […]
But economies dependent on flows from Russia will see major declines WASHINGTON, May 11, 2022 — Officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach US$630 billion. This follows an almost record recovery of 8.6 percent in 2021, according to the World Bank’s latest […]
Low- and Middle-Income Countries Received $540 billion in 2020, $8 Billion Less Than in 2019 WASHINGTON, May 12, 2021 — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total […]
