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Industry news

Regalii, A Startup In NYC’s Washington Heights, Uncovers Where Immigrants’ Remittances Really Go

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office

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Terra connects mobile remittances to digital wallets

Terra, which dubs itself as a mobile-first international network for low-value remittances, launched Terra Connect, an API suite to enable mobile wa

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TransferTo chases remittances with new hub

As previously revealed by Mobile World Live, TransferTo officially launched its mobile money hub, enabling consumers to send cash to friends and fam

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Made In Africa: Cross-Border Mobile Money Transfer Leaps In East Africa

East Africa has emerged at the leader in mobile payment over the years, with countries like Kenya having more than two-third of its adult population

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Payments via social media to drive mobile money transfer market to 13bn transactions this year

The number of mobile money transfers is expected to increase by nearly 150% in 2015. A new report from Juniper Research has found that the number of

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Could Mobile Money be the Answer to Financial Inclusion in the Developing World?

With its mobile money segment showing “encouraging growth” in the first half of 2015, leading emerging mobile markets operator in Africa and the Middl

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Dedicated money transfer between Romania and Rep of Moldova

New money transfer service from Posta Romana-Posta Moldovei : EUR 5 fee and 5 minutes. On March 30, Pavel Filip, Moldovan Minister of ICT and Alexandr

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Regulation: Banks count the risks and rewards

Source Financial times - Martin Arnold and Sam Fleming Crackdown on money laundering threatens to leave parts of developing world cut off from global

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Money transfer start-up WorldRemit raises $100m

Source: Financial Times, by Murad Ahmed, European Technology Correspondent. WorldRemit has raised $100m from a leading Silicon Valley investor in one

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WorldRemit Raises $100M Funding Round to Drive Global Growth

Source: Mobile Money Africa Online money transfer service WorldRemit today announced that it has raised $100m in a Series B funding round led by Tech

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Public sector

Remittances key to economic development

Heads of economic associations in Lebanon emphasized the importance of contributions by Lebanese expats to the Lebanese economy at a news conference h

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European and African leaders vow to cut cost of remittances

European and African leaders will this week pledge to slash the cost of remittances, resulting in potentially huge savings for migrants who collective

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World Bank Surveys Confirm Concerns over Reduced Access to Banking Services

Two World Bank surveys confirm that large global banks are restricting or terminating relationships with other financial institutions and that banking

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Remittances recover in September

The amount of cash sent home by Filipinos abroad recovered in September after registering its first decline in 12 years in August due to the weakeni

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Ethiopia’s Diaspora Remittances Growing

The World Bank says remittance flows to Kenya and Ethiopia from the diaspora has significantly increased compared to the rest of Sub-Saharan Africa.

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World Bank takes action in remittance flows to Somalia

The World Bank yesterday announced that it would support the flow of remittances to Somalia to ensure they continue to reach people who depend upon

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New assessment confirms major drop in remittances to Somalia

In recent years, Somali money transfer operators (MTOs), which represent the only legitimate mechanism through which the Somali diaspora can send mo

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Commonwealth Central Bankers to Discuss Bitcoin's Role in Remittances

Central bankers and senior finance officials from the Commonwealth are set to discuss bitcoin and digital currencies within the context of global re

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Remittances Rise as Mexicans Take Advantage of Exchange Rate

Mexicans took advantage of the firming U.S. labor market and a weakening peso against the dollar to send a lot more money home to families in July, as

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I nuovi europei hanno un conto aperto: le rimesse valgono 109 miliardi di dollari l’anno

Il denaro inviato dagli immigrati verso i Paesi d’origine sono una risorsa fondamentale per lo sviluppo. L’Italia al quinto posto tra le fonti I fan

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Latin America’s rural dream

Source: The Economist “I THINK everyone in this country…has a dream hidden away in their heads, the secret dream of land, a small plot of land that m

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World Bank Survey on key drivers and outcomes of banks “derisking” activities in G20 member countries

During the last few months the WBG, experts and other civil society groups have noted increasing anecdotal reports of banks’ “derisking” activitie

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Civil society

ACP-EU Migration Action looking for Migration and Remittances Experts

The ACP-EU Migration Action implements activities to promote the recommendations of the African, Caribbean and Pacific (ACP) - European Union (EU) D

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Annual remittances for studies abroad near $500m mark

Over $300 million was sent as outward remittance in just five months (April-August 2015) India, the world's largest remittance recipient, is also w

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Sending cash home: mobile money is a gamechanger

Remittances – money sent home by people working abroad – are hugely important in developing countries. In Burundi, they are vital. Two thirds of th

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Remittances rebuilding homes-and hope

In a small village of Sindhupalchok district, Swarthok, about 50 kilometre east of Kathmandu, Jeeban Puri was busy constructing a temporary shelter fo

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‘Zero Remittance Day’ a success, says migrant workers group

Migrante party-list, a group protecting the rights of overseas Filipino workers, has declared the success of Friday’s “Zero Remittance Day.” “We decl

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First African conference on remittances and postal networks to be held in South Africa by IFAD

  Source by NewsHours Each year more than US$60 billion in remittances is sent to and within Africa but often at great expense. Finding ways to le

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Global Weekly: Remittances are relatively stable and acyclical, Remittances continue to be stable when capital flows fall sharply, Large-scale recipients may be less prone to consumption volatility

Source GLOBAL MACROECONOMICS TEAM, 23-02-2015.Many developing countries rely heavily on remittances. At the household level, remittance flows help sup

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Hashtag to U.S. Government: Sending Money Home Isn’t Terrorism.

#IFundFoodNotTerror is calling out punitive antiterrorism regulations that pressure banks to discontinue wire transfers to Somalia. Source: Takepart

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Qatar 2022: Construction firms accused amid building boom

The 2022 Qatar World Cup is all about money. Claims that millions of dollars were paid in bribes to secure the world's biggest football tournament fo

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The International Fund for Agricultural Development joins Better Than Cash Alliance to bring financial inclusion to rural communities

The International Fund for Agricultural Development (IFAD) is pleased to accept an invitation to join the Better than Cash Alliance (BTCA) in our shar

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Migration: Global development'™s biggest good news story...almost

Migration is big news — it makes headlines when UK Prime Minister David Cameron proposes to limit immigrants’ access to tax credits, and it leads the

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Migrant Women Lift Remittances

Even when times were tough, immigrant Silvia Navas says she never stopped sending money to her mother in Guatemala.

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The key role of migrants and remittances in the UNSGSA 2015 Annual Report to the Secretary-General

  The key role of migrants, and the tremendous impact that remittances have on their families and communities back home, is well highlighted in the

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WorldRemit wins prestigious award issued by United Nations agency

Source: sfgate IFAD recognises “Best Practice in Remittances for Development.” IFAD, a United Nations agency, today recognised WorldRemit’s role in

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Why immigrants flock to Russia

Source: Gulfnews Russia is not often thought of as a country of immigration. Yet, the country’s enormous territory and shrinking indigenous populatio

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UN agency cites BSP’s financial education program for OFWs

Source: Gmanetword A specialized agency of the United Nations has cited the Bangko Sentral ng Pilipinas for providing overseas workers and their fami

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Azimo Raises $20 Million to Fuel its Global Growt

Source: fox8live Azimo, the London based digital money transfer service, announced today that it has raised an additional $20 million in financing. T

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Mandare i soldi a casa

Source: Radio3Mondo Oltre ad assicurare la sopravvivenza di milioni di persone in tutto il mondo, le rimesse presentano anche un potenziale immenso i

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Les transferts des migrants ne sont pas bien utilisés

Source: L' economiste DES marchés de transfert d’argent plus compétitifs aideront à une meilleure utilisation de l’argent qu’envoient les travailleur

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Travailleurs migrants en Europe : ce qu'ils envoient chez eux

Source: sen360 "Cette somme de 109,4 milliards de dollars américains a fourni une bouée de sauvetage à  plus de 150 millions de personnes à  travers

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Où va l'argent des travailleurs migrants européens ?

Source: Le Figaro INFOGRAPHIE - Les travailleurs immigrés en Europe ont transféré plus de 100 milliards de dollars en 2014, soit en moyenne 2000 eur

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Doseljenici poslali 109 milijardi dolara kući

Source: Al Jazeera Među zemljama u koje su migranti najviše slali novac su Ukrajina, Poljska i Rumunjska, ali i države Zapadnog Balkana. Doseljenici

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FIDA: Les marocains d’Espagne ont transféré 1,7 milliard de dollars vers le Maroc en 2014

Source: Madrid : Les marocains sont la communauté étrangère en Espagne qui a envoyé le plus d’argent à son pays. Ils arrivent premiers devan

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EthicPhone, la première application de paiement mobile pour la diaspora africaine en France

L’expérimentation durera six mois et sauf grosse suprise, elle débouchera sur la création d’une application pour smartphone qui promet de bouleverser

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Development community

  • International Financial Institutions
  • Migration 4 Development

The International Fund for Agricultural Development (IFAD) is , a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. 

The Consultative Group to Assist the Poor (CGAP) CGAP develops innovative solutions through practical research and active engagement with financial service providers, policy makers, and funders to enable approaches at scale. Housed at the World Bank.

The World Bank is one of the world’s largest sources of funding and knowledge to support governments of member countries in their efforts to invest in schools and health centers, provide water and electricity, fight disease and protect the environment.

The EU's executive body and represents the interests of Europe as a whole (as opposed to the interests of individual countries).

The Multilateral Investment Fund (MIF), The Multilateral Investment Fund (MIF) supports economic growth and poverty reduction in Latin America and the Caribbean through the promotion of private investment and promoting private sector development.

The Ministry of Foreign Affairs and Cooperation plans, directs, implements and assesses Spain's foreign policy and development cooperation policy, following the Government's guidelines and applying the principle of unity of external action. 

The Inter-American Development Bank (IDB) lends directly to Latin-American, Central America, South American and Caribbean countries for infrastructure and civil society projects.,2837.html

The government consists of a president, with the title of Prime Minister and several members with the title of Minister. It may also include one or more members with the title of Minister or Secretary of State.

KNOMADThe Global Knowledge Partnership on Migration and Development (KNOMAD) is envisaged to be a global hub of knowledge and policy expertise on migration and development issues.


GMGThe Global Migration Group (GMG) is an inter-agency group bringing together heads of 16 agencies for more coherent, comprehensive and better coordinated approaches to the issue of international migration. On the GMG website links to all individual agencies can be found.


JMDIThe Group of Twenty (G20) is the premier forum for its members’ international economic cooperation and decision-making. Its membership comprises 19 countries plus the European Union. Each G20 president invites several guest countries each year.


GFMDThe Global Forum on Migration & Development in line with the September 2006 report from the UN-GA High Level Dialogue on Migration and Development (HLD) and the GFMD Operating Modalities endorsed in Brussels in 2007, the GFMD is a voluntary, informal, non-binding and government-led process open to all States Members and Observers of the United Nations, - See more at:


Global Forum 2015

International Day of Family Remittances

      About 250 million migrant workers live outside the country they call home. A significant majority of them send money home, ty

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International Development Bank We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries

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Useful information

  Registration You may register to the GFRD2015 by clicking here. Registrations to the Forum are free of charge and open until May 22, 1

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GFRD2015 agenda and resources

Agenda GFRD2015 Brochure Video of the International Day of Family Remittances   PUBLIC SECTOR DAY - 16 JUNE Sessi

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About the GFRD2015

  The fifth Global Forum on Remittances and Development (GFRD), convened by IFAD, the World Bank and the European Commission, took place from 16 to

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Expo Milano 2015 Participants

Expo Milano 2015 is a global event characterized by its nature of uniting many different voices, basing its success on the involvement of all the vari

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About the Gateway

The RemittancesGateway portal is a one-stop shop providing the latest news, events, publications, information and statistical data from a broad range of institutions, partners and stakeholders on the subject of remittances, migration and development. The Gateway is a fully interactive website that targets industry, private and public sectors, civil society actors and the development community. Besides sharing information, the portal is a virtual forum for discussion among remittance experts and stakeholders, and an institutionally neutral platform for continuous dialogue.


Remittances Gateway Team
Via Paolo di Dono, 44
tel. +39 0654592311


"Broaden the network of rural locations through which remittances can be picked up."
J. Are