Company:Mukuru Service
 Current Mukuru logo | |
| Mukuru Service | |
| Industry | |
| Founded | June 2004 |
| Headquarters | United Kingdom |
Area served | Worldwide |
| Website | www |
Mukuru Service is a Fintech business service found in 2004 and based in the United Kingdom that gives the emerging consumer access to financial services.[1][2] The service operates in several African countries, such as South Africa,[3][4] as well as in some parts of Asia and Europe.[5]
History
Mukuru started as a simple service in the United Kingdom that allowed consumers in London to buy an international talk time voucher, confirmed by text message; to connect with family in Zimbabwe.[2] In 2009, the service developed to enable migrant workers to send money from the UK and EU to their families in Zimbabwe.[6][3] In 2010, as a result of a joint venture with Inter-Africa, a Bureau de Change, in South Africa, the service started working in South Africa.[7]
By 2020 the service expanded into China.[8] Mukuru has also partnered with the Stanbic bank of Zimbabwe.[9] The service has also partnered with several brands in Africa.[10][11]
Mukuru means ‘elder’ in Shona and the name was adopted to represent a trusted, wise, and supportive advisor in the Southern African community.
Services
The platform specializes in sending and receiving money, as well as groceries.
Partners
The service has partnered with WorldRemit[12][13] and several other entities.[14]
References
- ↑ "Mukuru | Our Values | More Than Money Transfers" (in en-ZA). https://www.mukuru.com/sa/about-us/.
- ↑ 2.0 2.1 "Mukuru.com – More than money transfers" (in en-US). https://www.mukuru.com/.
- ↑ 3.0 3.1 "Mukuru: A Money Transfer Service For South Africa – Greater Good SA". https://www.myggsa.co.za/mukuru-a-money-transfer-service-for-south-africa/.
- ↑ Zintle (2022-07-14). "Mukuru Expands its Services" (in en-US). https://www.itnewsafrica.com/2022/07/mukuru-expands-its-services/.
- ↑ "Mukuru's Bulk Payment Platform: Extending Financial Inclusion Across Africa" (in en-US). 2022-10-21. https://www.africa.com/mukurus-bulk-payment-platform-poised-to-extend-financial-inclusion-across-africa/.
- ↑ Newsroom, APO Group-Africa; Mukuru (2022-07-14). "Mukuru Expands Services and Unlocks Value for Africans with New Campaign" (in en). https://www.africa-newsroom.com/press/mukuru-expands-services-and-unlocks-value-for-africans-with-new-campaign.
- ↑ Writer, Staff (2021-11-08). "Mukuru expands in SA with Pargo card collection, WICODE" (in en-ZA). https://itweb.africa/content/j5alrvQajnJvpYQk.
- ↑ https://www.iol.co.za/business-report/companies/mukuru-expands-to-more-african-countries-e8d81c4f-dd97-476e-9c2b-1d0b24c2d7ec
- ↑ "Mukuru" (in en). https://www.stanbicbank.co.zw/zimbabwe/personal/products-and-services/bank-with-us/money-transfers/Mukuru.
- ↑ "Error: no
|title=specified when using {{Cite web}}". https://www.pepstores.com/page/pep-money/money-transfers/international-money-transfers/mukuru. - ↑ "Interview with Andy Jury, CEO at Mukuru – Global Brands Magazine" (in en-US). 2021-11-16. https://www.globalbrandsmagazine.com/interview-with-andy-jury-ceo-at-mukuru/.
- ↑ "Mukuru and WorldRemit Partner to Further Expand Remittance Service into Southern Africa" (in en). 2020-10-05. https://www.businesswire.com/news/home/20201005005364/en/Mukuru-and-WorldRemit-Partner-to-Further-Expand-Remittance-Service-into-Southern-Africa.
- ↑ https://www.uktech.news/technology-news/worldremit-partners-with-mukuru-to-fortify-remittances-and-expand-cash-pick-up-network-in-zimbabwe
- ↑ Khumalo, Sibongile. "Africa's fintech industry poised for rapid growth, amid regulatory headaches" (in en-US). https://www.news24.com/fin24/companies/africas-fintech-industry-poised-for-rapid-growth-amid-regulatory-headaches-20220918.
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