myZoi wants to make remittances less costly for migrant workers

Money sent home by migrant workers not only helps their families, but also enables entire economies to develop. But transferring money comes at a high cost to workers, with remittance fees averaging about 6.5%. MyZoi wants to cut fees by more than half, starting with the five million low-income migrant workers in the United Arab […] from TechCrunch https://ift.tt/Jr16sbQ