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Working with payment institution TEMPO, the primary European Union anchor for Stellar blockchain payments, Flutterwave is using the Stellar network to simplify remittances in Africa by introducing two new remittance passageways between Europe and Africa.
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“It is more expensive to send money to sub-Saharan Africa than to any other region in the world,” said Olugbenga Agboola, Flutterwave CEO. “Our new payment corridors on Stellar will allow us to continue expanding the Flutterwave network to bring all-important, cost-effective money transfer services to African business owners.”
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