November 10, 2024

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

Flutterwave Launches Its Remittance Product, Send App, in Malawi

Africa’s Fintech Unicorn Flutterwave, has expanded its remittance product Send App, to Malawi, joining a growing list of countries where users can send money internationally.

With a newly granted license, users in the UK, US, and Canada, can now transfer funds directly to loved ones in Malawi. This development marks an exciting new chapter in Send App’s mission to bring people closer, regardless of distance. 

With over 200,000 Malawians living abroad, Send App’s expansion is designed to cater to the needs of those in the diaspora by making connections with home both easier and more meaningful. Send App’s expansion into Malwai is seen as a timely response to the growing need for fast, reliable, and cost-effective ways to send money home.

Features on The Send App Designed for the Diaspora

Competitive Exchange Rates

Send App recognizes the significant contribution that remittances make to Malawi’s economy. To ensure that users get the most value for their money, Send App offers competitive exchange rates, enabling users to save more while ensuring their loved ones receive the maximum amount possible.

Fast and Secure Transfers

Speed and security are essential when sending money home. Send App leverages cutting-edge technology to ensure funds are transferred swiftly to Malawi. Backed by PCI-DSS Level 1 Certification, the app guarantees a secure process, providing peace of mind for both senders and recipients.

24/7 Customer Support

Understanding the global nature of its customer base, Send App offers round-the-clock customer support. Whether you are in the UK, US, or Canada, help is always just a tap away through the app’s built-in customer service feature. This ensures that any queries or issues are resolved promptly, making the money transfer process as seamless as possible.

Extensive Network and Flexible Payment Methods 

Send App’s extensive network across Malawi ensures that funds reach recipients no matter where they are in the country. Currently, the app offers Direct Bank Transfers as the main method for sending money. However, plans are underway to introduce Mobile Money and Cash Pickup options, expanding how recipients can access their funds.

Flutterwave launch of SendApp in Malawi is coming after it obtained official authorization in November 2023, to facilitate international remittances in the country. Notably, Send App’s expansion into Malawi is part of Flutterwave’s broader commitment to making international remittances more accessible, affordable, and user-friendly. With its strong emphasis on competitive exchange rates, fast and secure tränsfers, and customer-centric service.

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