Subscribe
digital finance
Technology / 26 weeks ago
Top 7 countries where phones replace banks
Mobile phones have evolved far beyond their original function in today's rapidly digitising world. These devices now serve as their primary connection to financial services for millions, especially across parts of Africa and Southeast Asia. Recent visual from World Visualized reveals that Kenya tops the global list, with 72% of adults using mobile phones as a substitute for traditional banks.
Business / 27 weeks ago
Global remittance rankings 2025: India leads the world with $125 billion sent home by expats
In 2025, global remittances continue to be a lifeline for millions of families and a critical pillar of many developing economies. The World Bank’s Global Migration and Development Report highlights that in over 70 low- and middle-income countries, remittance inflows now exceed foreign direct investment (FDI). Unlike volatile capital flows, remittances tend to remain stable during global crises, making them essential to economic resilience.
