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botim Money Links With TerraPay For Africa Transfers

The UAE remittance arm of the company will add real-time wallet checks and instant payouts across four separate African markets.

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botim money links with terrapay for africa transfers

botim money has plugged into TerraPay’s global payments infrastructure, widening its remittance reach from the UAE into a set of African markets and adding real-time recipient checks before cash moves.

The integration lets users send funds through direct bank deposits or straight to mobile wallets, with account details validated upfront to reduce failed or delayed transfers. The change is live, according to the company.

Initial payment corridors include Uganda, Kenya, Ghana and Egypt — markets where mobile money often stands in for a bank account and speed matters more than anything else.

“For customers, remittances are about reliability. If a transfer fails or is delayed, it has real consequences for families waiting on the other side. That’s why certainty matters as much as speed,” said Hesham Sherif, head of remittance at botim. “Our partnership with TerraPay strengthens our remittance infrastructure across the world, especially in key African corridors through real-time validation and broader payout coverage, improving success rates and delivery”.

Remittances into Africa hit an estimated $96.4 billion in 2024, about 5.2% of regional GDP, making basic plumbing — payout coverage, verification, settlement speed — more critical than feature sets. Missed transfers can mean missed rent or school fees. That pressure has pushed providers to prioritize reliability over bells and whistles.

The tie-up also opens botim’s UAE user base to TerraPay’s network, effectively turning the app into another on-ramp for cross-border flows.

Also Read: Saudi Digital Payments Reach 80% As Cash Use Shrinks

“Remittances are a critical financial lifeline for millions of families across the world, and reliability is non-negotiable,” said Bassem Awada, senior vice president at TerraPay. “Our partnership with botim money brings together TerraPay’s global payments infrastructure and real-time wallet validation with botim’s strong presence in the UAE, enabling faster, more secure cross-border transfers into the globe”.

The move deepens botim money’s shift from messaging into finance. The service sits inside the Botim ecosystem, owned by Astra Tech, which has been layering payments and financial tools on top of its communications base. For UAE fintechs chasing the country’s expatriate workforce, remittances remain the most direct path to scale, and the hardest to get wrong.

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NVIDIA Puts GPT-5.5 Codex In Hands Of 10,000 Staff

The chipmaker has significantly expanded OpenAI’s latest model across teams from engineering to HR under tight internal controls.

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nvidia puts gpt-5.5 codex in hands of 10000 staff
NVIDIA

NVIDIA has started rolling out OpenAI’s GPT-5.5 model through the Codex coding agent to more than 10,000 employees, extending the tool well beyond software teams and into core business functions.

The deployment covers engineering, product, legal, marketing, finance, sales, HR, operations and developer programs. Staff are using Codex for coding, internal research and routine knowledge work as companies test whether AI agents can move from demos to daily use.

GPT-5.5 is running on NVIDIA’s GB200 NVL72 rack-scale systems, linking OpenAI’s newest model directly to the chipmaker’s latest infrastructure push. NVIDIA said the systems cut cost per million tokens by 35 times and raise token output per second per megawatt by 50 times versus earlier generations.

openai's new gpt-5.5 powers codex on nvidia infrastructure 2

Inside the company, it says the effects are immediate. Debugging work that once took days is being finished in hours and experiments across large codebases that used to stretch over weeks are now handled overnight. Teams are also building features from natural-language prompts with fewer failed runs.

In a company-wide note urging staff to adopt the tool, CEO Jensen Huang wrote: “Let’s jump to lightspeed. Welcome to the age of AI.”

Security remains central to the rollout. Codex can connect through Secure Shell to approved cloud virtual machines, allowing agents to work with company data without moving it outside approved environments. NVIDIA said it assigned cloud VMs to employees so agents run in isolated sandboxes with full audit trails.

Also Read: Deezer Says AI Tracks Now Make Up 44% Of Uploads

The company added that the setup uses a zero-data-retention policy. Access to production systems is read-only through command-line tools and internal automation layers.

The move also highlights NVIDIA’s long relationship with OpenAI. NVIDIA said the partnership began in 2016, when Huang personally delivered the first DGX-1 AI supercomputer to OpenAI’s San Francisco office.

The two companies have since worked across hardware and model deployment. NVIDIA also said OpenAI plans to deploy more than 10 gigawatts of NVIDIA systems for future AI infrastructure.

For Gulf markets pouring money into sovereign AI and enterprise automation, the signal is clear: internal AI agents are moving from pilot phase to standard tooling.

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