Excited to execute Makeba's United States bank partnership agreement to power the remittance portion of the Makeba model. Through this agreement, we will be able to complete the full compliance review and technical integration for enabling remittance transactions between the Cape Verdean diaspora in the United States and their families in Cape Verde. Remittances into Cape Verde alone are $500,000 per day, while markets like the Philippines and Nigeria, are over $80 million per day.
This is an important milestone in Makeba's story, as it sets us up not just for expansion as we roll into other markets! Thank you to all of our investors for your belief and support of our goals.
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