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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.