DigiPay and Belmoney roll out new Africa remittance app

By Parth Prabhudesai

Pan-African FinTech DigiPay Group and European FinTech company Belmoney have launched DigiTransfer, a mobile remittance application enabling money transfers from France and Belgium to the Republic of Congo and the Democratic Republic of Congo (DRC).

Available on Android and iOS, the app allows users to send funds directly to mobile wallets and bank accounts, with transfers completed within minutes through Visa and Mastercard networks. The service operates under Belmoney’s payment institution licence issued by the National Bank of Belgium.

The launch comes as remittance flows to Africa continue to rise. According to World Bank estimates, remittances to the DRC exceed $3.2 billion annually. However, transfer fees to sub-Saharan Africa remain among the highest globally, averaging nearly 8%, according to Migration Data Portal figures.

The companies said DigiTransfer aims to address these challenges by using digital payment infrastructure and mobile money services to reduce costs and improve transfer speed for diaspora communities.

Mobile wallets are becoming an increasingly important channel for cross-border payments in Central Africa, where traditional banking penetration remains limited. DigiPay said it has processed more than 4.2 million transactions across its payment platforms since 2020.

The partnership also highlights the growing adoption of the Remittance-as-a-Service (RaaS) model, which enables FinTech firms to launch international money transfer services using existing regulatory licences and payment infrastructure.

Belmoney said the collaboration will support faster market expansion while ensuring regulatory compliance across European corridors.

The companies plan to gradually extend DigiTransfer’s services to additional European countries as they strengthen their presence in the Africa-focused remittance market.

The launch reflects broader FinTech efforts to modernise cross-border payments through mobile-first services, particularly in underserved regions where mobile money adoption continues to grow rapidly.