Reducing Costs and Scaling up UK to Africa Remittance Flows Through Technology

FSD Africa requested DMAG to undertake a project to see how Fintech can be used to help reduce the cost of remittances from the UK to Africa to less than 3% by 2030.

The project involved a complete global survey of relevant Fintech propositions, the development of concepts to test to see if the Fintech solutions are viable, recommendations on actions and a risk analysis (particularly in respect of regulatory impacts).