Wednesday, July 16, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Mukuru Launches Secure Digital Wallet in Zimbabwe

Simon Osuji by Simon Osuji
January 14, 2025
in Finance
0
Mukuru Launches Secure Digital Wallet in Zimbabwe
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Free Newsletter

Subscribe to the most important Fintech News Africa

Mukuru has launched the Mukuru Wallet in Zimbabwe after receiving a Deposit-Taking Microfinance Institution (DTMFI) license from the Reserve Bank of Zimbabwe. Designed for over three million customers, the wallet enables secure digital storage, local and international money transfers, safe fund storage, and free cashouts on international transfers.

Marc Carrie-Wilson, CEO of Send Money Home Zimbabwe, said:

Marc Carrie-Wilson
Marc Carrie-Wilson

“The Mukuru Wallet ensures cash availability and extends our reach to underserved communities across urban and rural areas.”

Doug Tait-Knight
Doug Tait-Knight

Doug Tait-Knight, CEO of Mukuru Zimbabwe Financial Services, highlighted its benefits:

“The wallet enables affordable domestic transfers, safe storage of funds, and convenient payments for utilities, airtime, insurance, and more.”

The wallet has the ability to securely manage large payments for industries like tobacco and cotton farming, eliminating the need to withdraw cash in bulk and ensuring fund safety and accessibility.

Mukuru plans to expand into business services, supporting payments for farmers, payroll for small businesses, and aid distributions.

 

Featured image credit: Edited from freepik



Source link

Related posts

U.S. seeks firm control on critical minerals supply in DRC

U.S. seeks firm control on critical minerals supply in DRC

July 15, 2025
AfDB’s $139M Jo’burg plan ushers new era in urban investment

AfDB’s $139M Jo’burg plan ushers new era in urban investment

July 14, 2025
Previous Post

The Spectacular Burnout of a Solar Panel Salesman

Next Post

Major Navy shipbuilder plans to buy up manufacturers to boost submarine production

Next Post
Major Navy shipbuilder plans to buy up manufacturers to boost submarine production

Major Navy shipbuilder plans to buy up manufacturers to boost submarine production

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Trump Organization plans second Saudi Arabian tower in regional expansion

Trump Organization plans second Saudi Arabian tower in regional expansion

7 months ago
Saudi Arabia seeks Italy as key ally for green energy supply to Europe

Saudi Arabia seeks Italy as key ally for green energy supply to Europe

10 months ago
Uganda Offers to Transfer Opposition Leader’s Military Trial to Civilian Court

Uganda Offers to Transfer Opposition Leader’s Military Trial to Civilian Court

5 months ago
Alliance of Sahel States Imposes Trade Levy on ECOWAS Goods

Alliance of Sahel States Imposes Trade Levy on ECOWAS Goods

4 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.