Mukuru is on a mission. The company wants to help more people in Africa with money matters. Doug Tait-Knight, Mukuru's boss, shared his plans with The Herald Finance & Business.
Mukuru just got a special license, which allows it to offer more services. People can now save money in a digital wallet, so they don't have to carry cash around.
"This is big news," said Mr. Tait-Knight. "People can handle their money easily and safely."
Mukuru wants to reach places far from cities, too. They use simple tech so everyone can use it, even in areas without smartphones.
"We want our services to work for all," Mr. Tait-Knight explained.
The company will use AI in smart ways. It will help spot crimes like money laundering and decide who should get loans.
"AI has a lot of potential," said Mr. Tait-Knight. "It can help us serve more people fairly."
Mukuru aims to beat the competition by focusing on what customers need. Its system allows people to send, keep, and use money simply.
"We know people trust us," Mr. Tait-Knight noted. "We're giving them more power over their money."
Getting loans can be hard in rural places. Mukuru wants to change that. They plan to offer loans to more people.
"Everyone deserves a chance at a stable money life," he said. "That's what we're here for."
Mukuru is leading the way. The company has big dreams, uses new ideas, and truly cares about its customers.
"That's our secret," Mr. Tait-Knight said. "It's the future of money. And we're excited to be at the front."
Mukuru just got a special license, which allows it to offer more services. People can now save money in a digital wallet, so they don't have to carry cash around.
"This is big news," said Mr. Tait-Knight. "People can handle their money easily and safely."
Mukuru wants to reach places far from cities, too. They use simple tech so everyone can use it, even in areas without smartphones.
"We want our services to work for all," Mr. Tait-Knight explained.
The company will use AI in smart ways. It will help spot crimes like money laundering and decide who should get loans.
"AI has a lot of potential," said Mr. Tait-Knight. "It can help us serve more people fairly."
Mukuru aims to beat the competition by focusing on what customers need. Its system allows people to send, keep, and use money simply.
"We know people trust us," Mr. Tait-Knight noted. "We're giving them more power over their money."
Getting loans can be hard in rural places. Mukuru wants to change that. They plan to offer loans to more people.
"Everyone deserves a chance at a stable money life," he said. "That's what we're here for."
Mukuru is leading the way. The company has big dreams, uses new ideas, and truly cares about its customers.
"That's our secret," Mr. Tait-Knight said. "It's the future of money. And we're excited to be at the front."