A Somali born entrepreneur, Roble Musse based in Seattle, has developed a application known as Coinfling that will cut the cost and time it takes for Africans living in the US to send money to Africa.
Roble, a former Microsoft employee was tired of the travel, fees and difficulty of the traditional monetary transfer system when he wanted to send cash back home. Roble says CoinFling was born out of personal frustration with having to travel far to receive money transfers.
Musse told CCTV Africa “Africa has one of the highest cost of money transfer. So there is defiantly an opportunity for s company trying to really and provide value to the market place,”
“Money transfer that is how we feed our family. We work so hard here in America, but also our families back home they depend on us. Every month we have to send money,” Haybe Jamaac, a taxi driver that contributed part of the initial capital that started CoinFling,
Exciting news for money-transfer users!