Sendwave, a leading remittance provider, has introduced a groundbreaking banking solution tailored for migrants residing in the United States.
Under the ownership of London-based fintech Zepz, Sendwave now offers eligible customers an FDIC-insured bank account accompanied by a convenient debit card.
This innovative offering provides customers with enhanced benefits, including up to 0.4% better exchange rates and up to 25% savings on transaction fees for remittances to Kenya, Ghana, Tanzania, Uganda, Nigeria, and Liberia when utilizing funds within their accounts.
Mark Lenhard, CEO of Zepz, expresses, “Sendwave Pay empowers US-based migrants to maximize their financial resources, establishes financial independence through interest incentives and competitive advantages, solidifying Sendwave’s prominent position within the fintech sector.”
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