Africa is leading the way in mobile money, and it will change banking as we know it By Mark Dankworth, President International at Ukheshe Technologies Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa. According to the Global System for Mobile Communications’ (GSMA) 2021 State of the Industry Report on Mobile Money, the number of registered mobile money accounts grew by 12.7% globally in 2021 to 1.21 billion accounts

Fast, convenient cross-border end-to-end digital remittances from SA into Africa Leading fintech enablement partner, Ukheshe Technologies has confirmed the establishment of a new joint venture with ForexPeople, one of South Africa’s most trusted names in forex with over 20 years of experience, to seamlessly facilitate cross border payments from South Africa into Africa. The service will extend from South Africa to more than 40 countries across Africa, including Africa’s large

2 min read. Digital FinTech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, have developed South Africa’s very first WhatsApp payment gateway for use by Telkom, one of the country’s largest mobile operators. In addition to being South Africa’s first digital wallet platform, the solution is also the first W

2 min read. In April 2020, Ukheshe Technologies was selected to join Mastercard Start Path, an exclusive startup engagement program for later-stage scaling startups. In the 11 months that followed, we pivoted to a B2B model that focused on the enablement of Mastercard’s digital-first strategy. Our journey continued with the acquisition of Oltio – which developed the digital payments platform that supports Mastercard’s QR code service, Masterpass, in South Africa. while also c

2 min read. South African micro-payments platform provider Ukheshe is expanding its operations to international markets, eyeing key regions such as Middle East, Europe and Asia Pacific, the company revealed today. The move into global markets comes on the back of ramped up efforts by Ukheshe to establish and enhance key partnerships in Africa, as the continent shifts towards digital channels, products and services. “We will continue to look for potential acquisitions in these

2 min read. The last few months have been an exciting chapter in Ukheshe’s growth and development. Our team continues to expand with the brightest talent in our industry who bring with them the extensive skills, knowledge and experience to drive our regional and international ambitions. We are thrilled to have recently welcomed new members to our sales, support, and development teams. With our growing team, we are even more well-placed to meet the demands of our banking, telc

2 min read. Ukheshe is looking forward to the coming months as we extend our African and global footprint as a digital-first financial services enabler. Currently, we provide the platforms and technology that support 16 banks and fintechs, three telcos, 3,000 billers, 200,000 merchants, as well as 18 million digital wallets and four million apps combined which process millions of transactions every month. Ultimately, payment solutions allow more people to participate in econo

2 min read. With 2021 now well underway and digital transformation accelerating at pace, Ukheshe Technologies is looking forward to the coming months as we continue to scale our operations across more locations on the African continent, and even further afield including Singapore, Dubai and Austria. As Ukheshe Technologies’ footprint extended into Africa there was a clear opportunity to make the biggest impact as a solutions-driven B2B provider of tailor-made payment solution

2 min read. Ukheshe has appointed Prins Mhlanga, CEO of Ocean on 76 Group, to its board of directors. Mhlanga joins the board of the South African micro-payments platform provider in the position of non-executive director. In a statement, Ukheshe says Mhlanga’s appointment comes at a time when it has refocused on the B2B sector and is streamlining its payment solution services. Clayton Hayward, co-founder of Ukheshe, says the company is excited to have Ocean on 76 on board: “

2 min read. In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe to immediately issue both physical and virtual cards across East Africa where KCB has an extensive

2 min read. Our company values are more than aspirations, we see them as a carefully considered set of principles that guide our actions, keep us all on the right track, and inspire our success. What we value not only shows the world what we’re about and what we stand for, it functions as a compass for finding our true north and serves as a foundation of our long-term vision and strategy. As we continue to grow and build on our many successes, our values become even more impo

2 min read. In this episode of the podcast, TechCentral’s Duncan McLeod interviews Clayton Hayward, CEO of fintech platform provider Ukheshe Technologies, about its acquisition from Mastercard of Oltio. The deal, announced late last year, sees Ukheshe buying a company that developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service. Masterpass allows consumers to pay with their bank card by scanning a QR code with their mobile phone. In t

2 min read. There is a growing appreciation of financial inclusion and its role in economic development. Tied closely to this is the role of mobile money and its contribution to promoting financial inclusion and development. According to Clayton Hayward, CEO and co-founder of Ukheshe, an SMME digital banking platform provider, South Africa remains highly regulated with licensed banks being the only institutions that can offer e-money services. This creates a major hurdle, lim

2 min read. 2020 has certainly been a year unlike any other. Not only did the pandemic push the fast forward button on existing trends, and draw attention to low/no-touch solutions, it also resulted in a renewed focus on the cashless payment revolution and its many benefits. Ukheshe officially turned two in November and we expanded our team to around 50 employees – a definite cause for celebration. This year also saw the launch of Ukheshe Africa, led by Mark Dankworth, which

[1.5 min read. The Ukheshe family recently welcomed Victor Ndlovu as Vice President of Ukheshe Africa and Paul Opie as Head of Issuing. Both appointments come at an important time for the business as we expand our horizons and look to the rest of the continent for new, exciting opportunities. Paul and Victor are both passionate about financial inclusion and the many ways in which innovative fintech can create and sustain wealth in Africa. Victor says financial inclusion remai