Huawei FinTech has been named an established leader in the 2021 Digital Money Transfer & Remittances Platform Providers Leaderboard by Juniper Research, a global advisory and research firm. Through the leadership and global market insight of the team, Huawei FinTech was able to earn such a distinction.
Huawei FinTech uses the latest technology and provides a one-stop, user-friendly platform to enable mobile money operators and financial service partners to provide efficient and cost-effective financial services to individuals and small-to-medium enterprises. Huawei FinTech provides a comprehensive list of financial services:
- Basic e-wallet services such as cash in/out
- Money transfers
- Bill payment
- Airtime recharge
- Bulk disbursement
- International remittances
- Digital payment services: QR payment, in/cross app payment, super app for users and partners and marketing toolkits
- Digital finance products: such as overdraft, micro loan, micro savings, micro insurance etc.
Technology can enable access to finance; access to finance can change lives. Huawei FinTech’s vision is to transform lives through digital financial inclusion. Currently Huawei FinTech is serving over 110 million 30-day active users across more than 30 mobile money operators globally. In 2020, transaction value across the platforms exceeded USD200 billion. During the pandemic, multiple governments used Huawei Fintech to distribute relief payments with a total value of over USD2 billion reaching more than 50 million people.