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B2C e-commerce platform, Copia International companions with Cellulant, a cost know-how firm to simplify funds for its city and diaspora clients.
The partnership allows Copia’s city and diaspora clients to conveniently provoke transactions and purchases for his or her family members in rural Kenya utilizing Cellulant’s community.
This offers extra selection, affordability and comfort for city and rural consumers when purchasing for on a regular basis objects.
“We’re deeply dedicated to simplifying e-commerce in Africa and are excited to collaborate with Cellulant to increase Copia’s market attain. It will allow us to supply city and diaspora clients various and handy cost choices when procuring on Copia’s platform for family and friends in Kenya and Uganda,” stated Tim Metal, CEO of Copia International.
Remittance inflows to Kenya have elevated tenfold within the final fifteen years, reaching an all-time excessive of $3.72 million in 2021, in line with the Central Financial institution of Kenya (CBK).
For a lot of Kenyans, as in lots of African nations, digital funds made by the diaspora to rural households present a monetary lifeline to hundreds of thousands of households. Diasporas and folks dwelling in city areas can use Copia’s on-line platform to pay for items and ship them to family and friends again dwelling.
“We’re delighted to be Copia’s cost know-how associate that permits diaspora shoppers to make hassle-free purchases. Because the African e-commerce and funds panorama continues to evolve, we imagine that e-commerce and fintech platforms have to have a deeper collaboration to increase the alternatives that may assist facilitate funds and collections for companies and their shoppers in all sectors of the world. economic system,” stated Akshay Grover, CEO of Cellulant.
Over the previous few years, Cellulant has led the cost in simplifying funds for a variety of corporations throughout industries together with airways, telecommunications, e-commerce platforms, and transportation corporations, amongst others, which have processed round $14 billion alone. in 2021.
Cellulant gives a single digital funds platform, known as Tingg, that addresses the complicated cost wants of companies.
Tingg makes it straightforward to gather and make funds by a number of cost strategies in numerous currencies, with the perfect buyer expertise for any enterprise seeking to digitize their funds.
Copia combines cellular know-how, greater than 40,000 digitally enabled native brokers, and an modern last-mile logistics system to ship a complete product providing environment friendly and dependable supply to rural shoppers.
The streamlined course of permits clients to easily present a good friend or member of the family’s cellphone quantity at checkout and Copia will do the remaining, together with finding the recipient, figuring out the closest supply heart agent, and delivering the merchandise. .
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Copia Global, Cellulant Partner To Enable Diaspora Payments