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Adding “Valyou”: Advancing financial inclusion through remittances from Malaysia

Adding “Valyou”: Advancing financial inclusion through remittances from Malaysia

IFAD partnered with the Malaysian Mobile Money Provider, Valyou, to open digital remittances channels to Pakistan and Bangladesh. Through this innovative business model, it increased access to remittances and financial options for migrants’ families, and cut the costs of sending money to below the 3% target of SDG 10.c. 

Type of Project
Project/Programme
Lead implementing organization/s
International Fund for Agricultural Development (IFAD)
Valyou
Language
Geographic Scope
Country
Bangladesh
Malaysia
Pakistan
Workstream Output
Off
Regional Review Process
No
GCM Objectives
Cross Cutting Theme
SDG Targets
Target 10.c
Keywords
Remittances
Status
Published

*Todas las referencias a Kosovo deben entenderse en el contexto de la Resolución 1244 [1999] del Consejo de Seguridad de las Naciones Unidas.