Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first...


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and innovative minds
Working in more than 10 countries of Africa
Wakandi is a payment network that works for financial services companies, government regulators, and others taking on the challenges of interoperability and financial inclusion.
Wakandi offers a DLT-based infrastructure that enables faster, cheaper, and more transparent ways to transfer value and share data. It connects banks, Mobile Money Operators (MNOs) and financial institutions to provide a foundation to develop innovative products and services.
What drives Wakandi is the power of technology and innovation and our constant urge to create a positive impact on 370 million (2019) unbanked Africans by attracting them to choose the formal economy.
African countries have experienced constant economic growth in recent years, creating an entirely new development path for better business potential. Another aspect of the African economy being highly cash-driven, with 95% of retail transactions in cash (2019), offers a perfect market for Wakandi to flourish.
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.
Adopt innovative and future-proof financial infrastructure and reduce the cost of managing the cash economy.
The peer-to-peer payment network not only supports payment but also creates the possibility to develop new value-added services for all payment companies.
In Africa, the majority of money transfers are performed on mobile. As a result, banks don’t have data related to these transfers. The Wakandi solution offers a way to share this data, paving way for many new possibilities.
A financial inclusion system based on Wakandi
Credit Association Management System (CAMS) is a unique financial system built on top of Wakandi’s DLT-based infrastructure. The system is designed to offer formal financial services and tons of benefits to thousands of informal financial groups (IFGs).
“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
“The Wakandi blockchain 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
“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
Espen Kvelland, CEO
Sele Mduda, KAM Africa
Sele Mduda, KAM Africa
Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first...
Wakandi Group is proud and excited to announce that we are launching our Credit Association Management System (CAMS) in...
Africa has one of the most exciting financial sectors of the world. The uptake of mobile money has been quite staggering, and...