This partnership marks a significant milestone in the digital financial landscape for Mali, connecting over 12 Million Malians to the vast diaspora residing across the globe.

Following this acquisition, PAMF will operate with SAMA Money Group’s objective of improving the group’s contribution to financial inclusion for the unbanked population by providing accessible digital microfinance services to everyone.

Through a network of 23 branches and 63 active agents across the country, FINCA Malawi serves more than 70,000 clients offering individual and group loans, savings and insurance products specifically designed for low-income entrepreneurs.

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.