With two out of three first prizes, we are happy with the event. Mastercard Lighthouse MASSIV Lighthouse MASSIV is Mastercard’s...


We are moving on a road to a technology-enabled financial world. Wakandi provides the opportunity to informal financial groups to manage their finances as easy as sending a text message.
CAMS, or the Credit Association Management System, is a digital financial system built on an advanced DLT-based infrastructure. It is designed to offer formal financial services through digitizing savings and loans management for thousands of informal financial groups in Africa. This release is specifically developed for informal financial groups in Tanzania, called SACCOS. These groups are referred to as Tier 3 in Tanzania.
Effective management of admin-related tasks such as managing savings, approving or rejecting loans. Adding or removing members is easily accessible using the back office or management app.
Wakandi was founded in 2018 with an aim to improve the way money and money transfers are handled in Africa. We were inspired by how technology and innovation can create a positive impact on millions of people.
With CAMS, we focus on bringing innovation to the informal sector and building a world that is more inclusive and digitally advanced.
"EY is assisting Wakandi in relation to assessing tax, legal and strategy aspects. The project has the power and potential to change the payment industry by enabling banks in many countries to offer true open banking solutions. By connecting banks to the Wakandi network, next generation payment solutions might be developed in a modern and fast way."
Nordic Blockchain Lead, EY Tax & Law
"The Wakandi DLT network allows us to integrate our existing services quickly and with ease, which is a game-changer. We were so impressed that we took it upon ourselves to sign up and be one among the first few companies on the network."
Executive Director, YellowDot Mobile SA (Pty) Ltd
"Enabling startups to take the advantages of DLT by integrating with our infrastructure will result in real-life applications of DLT that could disrupt the payment industry as we know it."
Co-founder Ledgefarm / Wakandi Group
Espen Kvelland, CEO
Sele Mduda, Onboarding Coordinator
Terje Width, COO
With two out of three first prizes, we are happy with the event. Mastercard Lighthouse MASSIV Lighthouse MASSIV is Mastercard’s...
For decades, savings and credit cooperatives (SACCOs) have been providing small loans and savings facilities to their members....
At Wakandi, we have always focused on building products and services to support a more inclusive and sustainable society. It is...