Amsterdam based online remittance service provider Azimo says it has entered into a partnership with China's Alipay.
The World Bank estimates that the economic crisis brought about by the Covid-19 pandemic and resulting lock-downs across the world could lead to a 19.7 per cent drop in remittances. Michael Kent, Founder and CEO of Azimo joins CNBC Africa for more.
The World Bank says it expects global remittances to drop by 20 percent this year, over the economic crisis brought about by shutdowns initiated to contain the COVID-19 pandemic. Michael Kent, Founder and CEO of Azimo joins CNBC Africa to discuss the implication for sub-Saharan Africa.
CNBC’s Kenneth Igbomor caught up with Micheal Kent, CEO Azimo to discuss how collaboration can deepen the digital financial services space in Nigeria.