MICROCAPITAL BRIEF: I&M Bank Enables Spenn Mobile App Users to Send Money to Financial Institutions Across Rwanda 

Norway’s Spenn Technology recently expanded its partnership with the Rwandan unit of Kenya’s Investments & Mortgages (I&M) Bank to allow users of the Spenn mobile application to send money to any financial services provider in Rwanda, including banks and competing mobile money services. The app’s other features include

MICROCAPITAL BRIEF: Microfund for Women (MFW) Expands Digital Capabilities via MoneyPhone Technology

Microfund for Women (MFW), a nonprofit microfinance institution in Jordan, recently partnered with MoneyPhone, a Netherlands-based financial technology (fintech) company, to enhance its digital offerings in response to the COVID-19 pandemic. Bdour Al-Hyari, the director of strategic planning and business development at MFW, cited the “opportunity for us to introduce new digital services, such as

MICROCAPITAL BRIEF: MoneyGram Partners with InTouch, MFS Africa, Thunes to Expand Options for Sending Remittances to Mobile Wallets

MoneyGram International, a money transfer company based in the US, recently announced partnerships with three companies that facilitate e-wallet services in Africa: InTouch, which is based in Senegal; MFS Africa, which is based in South Africa; and Thunes of Singapore. The partnerships are giving MoneyGram “access to mobile wallets in 28 markets in Africa,” allowing its customers