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After integrating the CFC into its network, FLASH is now the largest financial messaging company in the DRC

Friday, 19 October 2018 19:25

(CFC Compagnie Financière du Congo) - The Democratic Republic of Congo is an underdeveloped country with 87.7% of its population living below the poverty line. High social inequalities, despite its multiple and diverse wealth, mean that many families depend on their expatriate brothers or their family members living in the country's major cities.

In such a large country as DR Congo with 85 million inhabitants and an area of ​​2,345,000 km2, the rapid transfer of money to all corners and corners of the country remains a major concern for the population. On this, financial messaging remains the effective solution to this problem.

FLASH, after integrating the CFC into its network, is now the largest financial messaging company in the Democratic Republic of Congo with a network of more than 160 branches and nearly 3,500 Flash agents across the country.

CFC offers the international money transfer service via Western Union and inside DR Congo and to the Republic of Congo via Flash Cash.
If previously, the coverage of the national territory was weak, today the balance seems restored with the development of the transfer of small amounts via the different services of mobile money, and now thanks to a service of financial messaging of quality via the agents Flash and through the CFC agency network.

23523 in Finance FLASH CFC





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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