Top remittance apps Africans abroad are using in 2025
- Africhange is recognized for offering competitive exchange rates and zero transfer fees, processing over 3 million transactions since its launch in Canada in 2020.
- LemFi has become the fastest-growing platform with over 1 million active users and $1 billion in monthly transaction volume, offering zero fees for most African destinations.
- TapTap Send has achieved over 10 million downloads and supports transfers to nearly 50 countries, charging zero fees but with potential hidden costs in exchange rates.
The transformation of the remittance market is a significant development for the African diaspora, as it not only reduces costs but also enhances the reliability and speed of transactions. This shift empowers families back home, enabling them to access funds more efficiently. However, users should remain vigilant about potential hidden costs associated with exchange rates and service fees.
