Mukuru is making big changes to help more people in Africa use its money services.
The company wants to provide people with easy, safe, and handy ways to manage their money. It recently got a special license to do this better.
"This will allow us to offer digital wallets," said Mukuru's CEO, Mr. Graig Tait-Knight. People can save and use their money without any hassle."
Mukuru is also working to reach more rural areas. It uses simple phone technology so everyone can access its services. The company may even use satellite internet to connect far-off places.
Mukuru will use AI to stop illegal activities and check if customers are truthful. "AI helps us make sure transactions are safe," Mr. Tait-Knight explained.
The company might also use AI to decide whether customers can get loans. It will examine how they use money to do this fairly.
Mr. Tait-Knight said, "We want to help everyone, no matter where they live. If people need us, we'll be there."
Mukuru's digital wallet will aid those who can't use regular banks. With it, people can easily access their money for bills and other important things.
The company also plans to offer loans in rural areas. "We want to make things more equal," Mr. Tait-Knight said. Everyone should have a chance at a stable financial life."
Mukuru is leading the way with its new ideas and focus on customers' needs. "This is the money service of the future," said Mr. Tait-Knight. "And we're proud to be at the forefront of it."
The company wants to provide people with easy, safe, and handy ways to manage their money. It recently got a special license to do this better.
"This will allow us to offer digital wallets," said Mukuru's CEO, Mr. Graig Tait-Knight. People can save and use their money without any hassle."
Mukuru is also working to reach more rural areas. It uses simple phone technology so everyone can access its services. The company may even use satellite internet to connect far-off places.
Mukuru will use AI to stop illegal activities and check if customers are truthful. "AI helps us make sure transactions are safe," Mr. Tait-Knight explained.
The company might also use AI to decide whether customers can get loans. It will examine how they use money to do this fairly.
Mr. Tait-Knight said, "We want to help everyone, no matter where they live. If people need us, we'll be there."
Mukuru's digital wallet will aid those who can't use regular banks. With it, people can easily access their money for bills and other important things.
The company also plans to offer loans in rural areas. "We want to make things more equal," Mr. Tait-Knight said. Everyone should have a chance at a stable financial life."
Mukuru is leading the way with its new ideas and focus on customers' needs. "This is the money service of the future," said Mr. Tait-Knight. "And we're proud to be at the forefront of it."
