Revolut has launched new payment corridors between Europe and Africa, enabling customers to send money to various mobile wallets. This expansion includes 14 new payment corridors, 9 new countries, and 3 digital wallets: Airtel, Orange Money, and MTN. Revolut's innovative approach aims to simplify international money transfers for expats, fostering economic ties and financial inclusion between the two continents.

Revolut customers in the UK and most European countries (EEA) can now use mobile wallets to send money to 4 different wallets (M-Pesa, Airtel, Orange Money, MTN) across 10 countries in Africa. This development is part of Revolut's strategy to strengthen economic ties between Europe and Africa by facilitating affordable and convenient international money transfers. Samuel Fairburn, Product Owner for Remittances at Revolut, emphasized the importance of simplifying international money transfers for expats, stating, "Sending money home to Africa is a challenge many expats face, and it is essential to provide a service that simplifies this and facilitates affordable and convenient international money transfers."

With this new feature, Revolut customers can send money to 4 different mobile wallets used across 10 countries in Africa. These wallets include M-Pesa, Airtel, Orange Money, and MTN. African countries heavily rely on mobile wallets for various transactions, making Revolut's entry into these markets timely and impactful. Customers can now seamlessly send money to these wallets directly from their Revolut app, providing a convenient and cost-effective solution for international money transfers.

Revolut's expansion into the African market through new payment corridors and mobile wallets marks a significant step in enhancing financial inclusion and simplifying international money transfers for expats. By leveraging the widespread use of mobile wallets in Africa, Revolut is well-positioned to meet the needs of its customers and foster stronger economic ties between Europe and Africa.

In conclusion, Revolut's innovative approach to international money transfers is revolutionizing the way people send money across borders. By bridging the gap between Europe and Africa, Revolut is empowering individuals and families to navigate the complexities of cross-border finance with ease. As the digital economy continues to evolve, Revolut's commitment to simplifying international money transfers will undoubtedly have a profound impact on the lives of many.