Intelligent Fin.tech Issue 06 | Page 22

FOLLOWING THE MONEY

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1 MALAWI

2 SOUTH KOREA

Mama Money , a FinTech that offers crossborder money transfers and banking services , has joined forces with TNM , one of the leading telecommunications and mobile money operators in Malawi . This partnership allows Mama Money customers to easily send money to any TNM Mpamba account for cash collection at over 40,000 locations across Malawi , with no cash out fee for the recipient .
PPRO , a leading digital payments infrastructure provider , has extended its infrastructure to the South Korean market by integrating South Korean local cards and Toss Pay – one of the most popular e-wallets in South Korea onto its platform . Toss is one of South Korea ' s leading financial service platforms , operated by Viva Republica , which has a total of 24 million users .
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