Ecobank and Dashen Bank launch remittance app targeting Ethiopians in the Diaspora : TechMoran

by Tech Moran
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Ecobank, the leading pan-African banking Group, has joined forces with Dashen Bank in Ethiopia through its representative office to facilitate instant money transfers for Ethiopians residing in Kenya and the diaspora, particularly in Europe.

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This partnership leverages Ecobank’s Rapidtransfer International app (RTI) to Ethio telecom mobile money

The app, available in all of Ecobank’s 33 countries, empowers the African diaspora in Europe to remit funds back to Ecobank countries in Africa, including Ethiopia.

Ecobank Ethiopia Country Representative, Dr James Kanagwa expressed excitement about the collaboration, highlighting Ecobank’s extensive African presence and expertise in digital and borderless banking.

“The partnership with Dashen Bank aims to provide Ethiopians in European-based diaspora countries such as the United Kingdom, France, Italy, the Netherlands and 21 others with affordable, instant, and secure options for sending money back home using the…

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