UPCorp Global

About UPCorp Global

The past decades have seen an increase in the values of remittances in total international capital flows. According to the World Bank, remittance flows in 2018 were more than three times the size of official development assistance and in some developing countries, incoming remittances represent more than 10 percent of GDP. IFAD and World Bank have concluded that financial literacy is fundamental to empower remittance recipients to make the most of funds received. Migrants’ families were also found to be keen to save and invest their resources, but often lack knowledge and access to options to do so. UPCorp Global aims to fill this gap with a global financial education initiative. We aim to provide solutions and support to increase the financial literacy level of remittance recipients in developing countries, while trying to bridge the gaps between remittance recipients' demands and services provided by local financial institutions. Our name UPCorp just simply means "Unleash everyone's Potential". We were incubated by Lund University's VentureLab since 2019 - 2021 to develop this social venture idea to the next stage. We're currently looking for team members and reaching to potential partners. If you support the same cause with us and want to be part of our team, please feel free to reach out to us. If you think we can be partners in any way, we're also happy to hear from you.

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