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Browsing: Mukuru
- Mukuru has launched a new mobile wallet in Malawi to enhance international transfers and boost financial access, particularly for underserved and unbanked communities.
- The Mukuru Wallet features two pockets, Nyanja and Moyo, designed for domestic and international money transfers, with added benefits like no cash-out fees and interest on savings, promoting financial inclusion.
- The wallet is part of Mukuru’s digital transformation strategy, empowering Malawians to participate in the digital economy and modernizing financial services across the country.
Mukuru, a financial services platform popular for its world-class fintech solutions, has made a strategic leap in Malawi by launching its innovative mobile wallet, the Mukuru Wallet. This marks a significant milestone in the company’s mission to enhance financial access and streamline international transfers, particularly for underserved communities.
By offering a secure, efficient, and accessible way to manage funds, the wallet is poised to transform Malawi’s financial landscape.
Expanding financial access through innovation
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- One of the most important ways a fintech can listen to its customers is to gauge how they engage with its products.
- Having a deep understanding of customer needs results in innovative solutions.
All around the world businesses are pulling out the stops to achieve growth in what can best be described as challenging economic conditions. Africa is no exception. The continent has long been recognised for its immense potential, and as such businesses across sectors are investing heavily into the continent.
Advancements in technology make serving the unbanked and underserved populations in Africa more viable than ever before. However, that does not mean growth comes easily. It is a hyper competitive and complex environment where genuinely understanding your customer is key to growth.
Even with this textbook understanding, there is a strong urge to take the “build it and they will come” approach because we can get caught up …