By Chisomo Phiri
Digital financial services provider e-Kwacha Global Limited has partnered Remittances Hub, a Canada-based financial institution, to enable customers to use e-Kwacha outlets to send and receive money in over 120 countries across the globe.
In a statement after signing the partnership on Sunday in Blantyre, Remittances Hub global head of sales and business development Amit Shrimali said the partnership will help them explore some business at the same time and create job opportunities for Malawian youths.
“This partnership is important to Malawians and the expatriates as it allows them to transact, sending money to any of the countries globally wherever Remittance Hub operates,” he said.
On his part, e-Kwacha Chief Executive Officer Douglas Musumbu said the partnership will enable Remittance Hub to give Malawian market a variety to choose from in terms of pricing and services.
“We have some outlets in the four regions of the country and our main office is in Blantyre. Remittance Hub is our third partner,” he said.
Founded in 2013, e-Kwacha is a one-stop-shop for financial services, providing agency banking, mobile money and electronic payment services to promote financial inclusion.