WorldRemit and Wafacash launch instant money transfers to Senegal
Instant cash pickup service now available at over 250 Wafacash cash pickup locations across the country
The Senegalese diaspora in over 50 countries can now send instant money transfers to 250 of new locations across Senegal, from Dakar to Kedougou, using the WorldRemit app or website.
A full list of cash pick up locations in Senegal can be found here.
With a diaspora of half a million Senegalese living in destinations such as France, Italy and Spain, remittances are playing an increasingly important role in the country’s economy. The World Bank estimates that in 2015 alone Senegal received over $1.6 billion in remittances.
WorldRemit’s mobile-first, digital model allows migrants to send money in a few taps directly from their phones - without the inconvenience of visiting a bricks and mortar agent.
Catherine Wines, co-founder at WorldRemit comments: “I’m delighted that our partnership with Wafacash is expanding quickly across the region to include Senegal, one of our priority markets in francophone Africa. Our partnership with Wafacash, one of the most reputable and innovative financial institutions in northern Africa, ensures that our recipients in Senegal have more choice and more cash pick up locations across the country.”
Hicham Aitbied, CEO at Wafacash West Africa adds: ''Through this partnership with WorldRemit, we intend to make a contribution to financial inclusion in Senegal. We will make life easier for the many WorldRemit users who will be able to receive their funds across the country."
Visit WorldRemit for more information on sending money to Senegal.
About Wafacash West Africa
Created in 2014, Wafacash West Africa is a subsidiary of Wafacash Maroc (Attijariwafa Bank Group) specializing in the cash business. The first company in the WAEMU Zone to obtain approval for the transfer business, Wafacash West Africa offers quality and high-performance services that fully meet the expectations of its customer of individuals and businesses.
WorldRemit is changing the way people send money.
It’s easy – just open the app or visit the website – no more agents.
- Transfers are fast and convenient.
- More ways to receive (mobile money, bank transfer, cash pickup, and mobile airtime top-up).
- Available in over 50 countries and 147 destinations.
- Backed by Leapfrog Investments and Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.
WorldRemit’s global headquarters are in London, UK with regional offices in the United States, South Africa, Singapore, the Philippines, and Australia.