Financial inclusion

Financial inclusion is necessary to reduce poverty. We work with various licensed banking and financial services providers to enable people in remote areas to access payments, loans and savings on their mobile devices without needing to travel. We alleviate poverty by providing affordable devices and internet access, empowering individuals with the tools they need for education, employment and connectivity.

M-Pesa in Tanzania, the DRC, Mozambique, and Lesotho is the biggest financial services provider in Africa based on transactions processed. It provides financial services to people with a mobile phone but limited access to a bank account. Services include payments, local and international remittances, savings, lending, overdraft and foreign exchange. The virtual Mastercard enables M-Pesa customers to purchase from international merchants and content providers. M-Pesa offers access to personal services such as healthcare, education, employment, transportation and social protection. M-Pesa is integrated with money transfer hubs in Africa and beyond, allowing customers to send and receive cross-border remittances from their M-Pesa wallets.

VF Cash is an e-wallet and financial services platform catering to the banked and unbanked. It offers money transfer, e‑commerce, insurance, savings, donation services and utility, merchant and tuition payments.

The VodaPay super-app in South Africa combines our capabilities across consumers and merchants in payments, lending, insurance and e-commerce, and provides exposure to new growth verticals such as savings and investments. Unique mini apps provide VodaPay service and merchant offerings. We enabled several SMEs looking to access the e‑commerce market to be part of the ecosystem.