NEWS
Mukuru partners with global payment network Thunes physical and digital touchpoints across Africa , Europe and Asia .”
According to the FinTech , its business in South Africa was initially launched in 2010 as a joint venture with Inter-Africa , a Bureau de Change .
Two years later , Mukuru created a free customer USSD platform , splitting a transaction into its various parts .
Africa-based FinTech Mukuru , has partnered with global payments network Thunes . The partnership will initially extend Mukuru ’ s reach in Nigeria followed by a rapid rollout to other countries including DRC , Ethiopia , Senegal and India as well as connect Mukuru users to Thunes ’ global interoperable network which operates in more than 100 countries .
Andy Jury , CEO , Mukuru
Andy Jury , CEO , Mukuru , said : “ Our partnerships continue to be a source of both innovation and growth across our network , with our homegrown technology solutions continually evolving to meet the day-to-day needs of our customers .
“ We meet customers wherever they are , which today includes a variety of both
Customers after creating an order , had a reference number texted to them , which they presented at a retail partner where they paid for the order in cash . PEP was Mukuru ’ s first retail partner in South Africa .
Other partnerships have followed with the likes of retail giant Shoprite / Checkers as payin / payout points and in the last 12 months , Mukuru became a payout partner for WorldRemit customers across territories where Mukuru has its own booth .
BMCI launches digital bank Masrvi
The Mauritanian Bank for International
Trade ( BMCI ) has partnered with TagPay to rollout its digital bank Masrvi , aimed at providing digital , value-added financial services to its customers .
Powered by TagPay , Masrvi was launched in April 2021 and responds to Mauritanians ’ banking needs by providing secure and accessible banking services , across the country through mobile networks , whilst offering convenience . In addition , Masrvi enables BMCI to provide its customers with secure , simple , fast and easy-to-access banking products and services that can be tailored to their needs , all with a convenience that traditional banks cannot match .
Moulay Abbas , President , BMCI said : “ By leveraging TagPay ’ s next-generation core banking system and their teams ’ project expertise , we were able to launch our digital bank , Masrvi , in record time .
“ Within a month of launching , we have a network of 52 branches and more than 200 partner businesses that accept Masrvi and the numbers continue to grow .
“ Thanks to the proven robustness , agility and short time-to-market of this solution , we will be able to rapidly grow our customers . This will help strengthen Masrvi ’ s product line and enable us to offer a full range of banking and financial products in the very short term .”
12 INTELLIGENTCIO AFRICA www . intelligentcio . com