Mukuru

"Is Cash Really Dead? Understanding South Africa's Payment Landscape" This week, multiple reports highlighted South Africa's growing ambition to eliminate cash and transition to safer digital payment methods. Click here, https://bit.ly/3NysBuB to read an insightful article by Mukuru’s Head of Product Incubation, Cat Denoon-Stevens, titled "Is Cash Dead? If Your Answer Is Yes, You’re Missing the Point… and Millions of Customers." In the article published on Business Tech Africa, Cat argues that Mukuru’s answer is a strong “no.” She emphasises the importance for payment providers and fintechs to serve customers in ways that suit them, including offering a range of payment options—both cash and digital. To learn more about Mukuru’s partnership with Payfast by Network, designed to enable cash-based ecommerce transactions through MukuruPay (“MPAY”), click here, https://bit.ly/3Yraugq. #Mukuru #Payfast #Fintech #DigitalPayments #CashEconomy #FinancialInclusion #Innovation #Mukuru #Payments #SmallBusiness #CustomerExperience

The Mukuru Wallet is designed to meet the growing demand for a convenient, secure, and efficient way to manage funds and make money transfers. It allows customers to seamlessly receive and send funds both locally and internationally, as well as store, save, and earn interest on their balances. As mobile wallets gain popularity across the continent, they are proving to be a vital financial tool for underserved and unbanked communities, offering a safe and effective way to access financial services. In Malawi, the Mukuru Wallet provides an alternative means to access formal banking services in both rural and urban areas. We are also excited to announce that our Malawi Country Manager, Pride Chiwaya, will be live on Newzroom Afrika this afternoon at 16h30 (CAT) discussing Mukuru’s launch of this groundbreaking product in Malawi! See below what our Malawi Country Manager, Pride Chiwaya and Head of Wallet of Wallet and Card, Mike Cook had to say. #MukuruWallet #Malawi #SENDSTORESPEND #FinancialInclusion #DigitalTransformation

Mukuru Wallet Launches in Malawi!   Mukuru is thrilled to announce the launch of the Mukuru Wallet, a groundbreaking mobile wallet designed specifically for Malawians! With a commitment to financial inclusion, our new wallet allows our customers to securely send and receive money locally and internationally, store and save funds, and even earn interest—without any fees when cashing out from international transfers!   As mobile wallets continue to revolutionize access to financial services, Mukuru is proud to provide a safe and efficient tool that meets the needs of both urban and rural communities. Join us on this journey to embrace the digital economy and make managing our customers finances easier than ever!   #MukuruWallet #FinancialInclusion #DigitalTransformation #Malawi

As a member of the International Association of Money Transfer Networks (IAMTN - Payments Network), Mukuru will attend the Annual Summit, taking place on 9-10 October 2024 in Dubai, UAE! Mukuru is proud to be a part of this year’s discussions centred around the theme, “Bridging Borders, Empowering Lives: Expanding Global Access in Cross-Border Payment”, bringing global leaders together. We are excited to announce that our Group CEO, Andy Jury, will be a key panellist, contributing to a critical and relevant topic to Mukuru, Interoperability in Cross-Border Payments—exploring how seamless transactions and future trends in interoperability will shape global payment networks. Joining Andy at the summit are Mukuru’s Chief Commercial Officer, Dougal Bennett, and Head of Market Expansion, Tendai Tizirai. To learn more about Mukuru’s extensive financial services network, which serves over 16 million customers across Africa, Asia, and Europe, get in touch with them! #IAMTNSUMMIT2024 #iamtnspeaker #payments #iamtnmember #crossborderremittances #regulatory #futuretrends #iamtnnetwork #innovation #financialinclusion #interoperability #financialmarkets #fintech #seamless #crossborder #remittances #cash #digital

Transforming Payroll Payments Across Africa!   Looking for a fast, reliable way to pay employees in Botswana, Malawi, Zambia, and Zimbabwe? Mukuru offers a trusted solution for urban and rural money transfers, available through its Enterprise Payments Web Portal or Payment Gateway API.   Why Mukuru? Extensive Network: Reach employees in both urban and rural areas with ease, including on-site mobile disbursements for farmers. Instant Payments: Send funds in local currencies with no recipient pre-registration or collection fees. Customised Reporting: Real-time, traceable payment reports. Excellent Liquidity: Cash and Digital payouts in local currencies, including USD and ZAR in Zimbabwe.   Learn more: mukuru.com/enterprise   Contact us: Kevin Nyakotyo (Zambia & Zimbabwe): +263 787 955 822 | kevinn@mukuru.com   Ronald Mafuta (Botswana & Zimbabwe): +263 785 444 333 | ronald.mafuta@mukuru.com   Chiyembekezo Ken Ndala (Malawi): +265 881 27 95 33 | chiyembekezo.ndala@mukuru.com   #Payroll #BusinessPayments #CashBasedTransfers #AgriPayments #PaymentGateway #Africa #Mukuru

We are excited to announce Andy Jury, CEO, Mukuru with be joining us as a speaker at the IAMTN Summit 2024. Andy Jury is the Group CEO of Mukuru, one of the largest money transfer providers in Africa and a leading next generation fintech platform that offers a range of affordable and reliable financial services to the emerging consumer. Under Jury’s guidance, Mukuru has grown its customer base to over 16 million across Africa, Asia and Europe and has accelerated the roll-out of its business to over 50 countries and 500+ remittance corridors, including the launch of Mukuru Pay, an Enterprise Payment Platform enabling business to pay their staff and aid organisations to make bulk payments to beneficiaries. Mukuru strives to bridge the cash and digital divide, enabling its customers to send, store and spend money in an ever more efficient, omnichannel ecosystem. Andy will be participating as a panelist for the session 'Interoperability in cross-border payments'. This session will cover the importance of interoperability for seamless transactions and explore future trends in interoperability and cross-border payment networks. Meet Andy Jury and Mukuru team at the IAMTN SUMMIT 2024! 📅 Date: 9-10 October 2024 🏨 Venue: Habtoor Palace, Dubai 🎟 Avail the Early Bird Offer & Register: https://lnkd.in/g7fUwEXn Veronica Studsgaard Dougal Bennett Tendai Tizirai Nikila Punnoose Yves Doho Claudia Avila Maribel Sayago Sayago #IAMTNSUMMIT2024 #iamtnspeaker #payments #iamtnmember #crossborderremittances #regulatory #futuretrends #iamtnnetwork #innovation #financialinclusion #interoperability #financialmarkets #fintech #seamless #crossborder #remittances #cash #digital #reliable #fintech

Mukuru and SZCC: Bridging Cultures and Bringing Joy While Making a Difference in the Dragon Year. 2024 marks the Dragon Year in Chinese culture which represents strength, courage, and prosperity. In line with this special commemorative year, which is believed to bring good fortune and success, Mukuru, together with the Shenzheng Chamber of Commerce (SZCC), hosted a charity event at Edward Primary School, in Cape Town, using the funds raised from the Dragon Year Global Charity Singing Relay Race. Bridging Cultures and Bringing Joy. The singing relay race is a distinct philanthropic activity, which centres around making a difference while tapping into the joy of bridging cultures. With singing as a cherished Chinese cultural activity, participants were encouraged to donate to be able to participate in the race. This added a sense of unity and celebration to the race resulting in contributions reaching an impressive total of R100,000.00 to support local causes. To donate these funds, Mukuru and SZCC chose Edward Primary School which had the urgent need of support and also organised an event attended by the former Mayor of Cape Town, representatives from the Chinese Consulate General in Cape Town, SZCC members, and Mukuru's African and Asian sales teams. The event, dedicated to putting smiles on the pupils faces, was filled with cheerful speeches, a diverse cultural singing talent show, and the donation of essential items to the school, which supports 480 underprivileged pupils. Donated items included school bags, full loaves of bread, Mukuru-branded water bottles, pens and drinking water. Furthermore, a cheque of R100,000.00 was also handed over to the school to cover other school needs. Yu Huang (MBA), Mukuru’s Senior Sales Manager for Market Expansion, shared the importance of this initiative: "At Mukuru, we believe in the power of partnerships to drive meaningful change. We cannot do it alone and this is why we choose to take part in initiatives such as Dragon Year Global Charity Singing Relay Race, where we show how enjoyable and fun giving back can be. Thank you to everyone who made this event a success and to those who participated in the race and donated. Your generosity has made this event a success. We are happy to see that the donations will greatly benefit the pupils, and we are proud to have brought smiles to their faces while making a difference."

Mukuru is proud to sponsor the Fintech Association of Botswana's Power Breakfast, taking place tomorrow, 15th August, at the Royal Aria Hotel. Themed "Financial Inclusion," this event is a key gathering of industry leaders, academics, and government officials, all focused on overcoming challenges and seizing opportunities to ensure financial services are accessible to everyone. Nikki Kettles, our Executive of Licences and Payments Regulations, will be a speaker and lead of a round table on "Regulatory Barriers," where she will join other industry experts in crafting solutions to address the regulatory hurdles that limit access to financial services for low-income populations. “Our sponsorship and participation in this Power Breakfast align strongly with our mission to provide financial service products to the un and under banked in support of financial inclusion. Partnering with an organisation that enables us to not just join the conversation but actively craft solutions which will bring change is a privilege. I’m honoured to bring Mukuru’s vision to the table alongside leaders who are committed to addressing the most pressing issues in the financial sector,” says Kettles.

Well done to our Chief Information Officer SANDRA RHEEDER for having an insightful discussion during an eNCA interview with Gareth Edwards on empowering women in finance. Sandy, who joined Mukuru 7 years ago shared, “Mukuru’s fundamental agenda is about financial inclusion. A significant portion of the market, particularly women, has been excluded, and our journey naturally addresses that. This really excites me because I love building technology that genuinely helps women in need”. #Mukuru #WomenInFinance #WomensMonth #FinancialInclusion #WomenInFintech

We are proud to announce that our Human Capital team members, part of the Industrial and Organisational Psychology (IOP) community, have received the Society for Industrial & Organisational Psychology South Africa (SIOPSA) 2023/2024 Presidential Award for IOP Excellence in the Leading Business of the Year category! #Mukuru #SIOPSA #IOPExcellence #AwardWinningTeam #JoinUs