A locally developed crowdfunding and remittance application dubbed Cash Go was launched last week. The easy-to-use application is compatible with both Android and IOS devices. The application's remittance services are up to international standards, and the platform is a secure way to instantly send money to Ethiopian accounts from abroad. All transactions will take place via Bank of Abyssinia. Cash Go is also meant to be used for fundraising activities, and the application charges less in commission than other crowdfunding platforms such as GoFundMe. Cash Go charges 0.5pc on each donation transaction, while GoFundMe collects 2.9pc in processing fees and 30 cents from each donation. Cash Go is a sister company to Guzo Go, a travel application, and other companies like Nahoo TV and Rosetta Real Estate.
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