Success is rarely achieved alone, but together with strong partnerships in the local market, we can achieve so much more!
Wakandi is benefiting from the popularity of mobile money in Africa, and we are working together for our mutual success. The most obvious possibility is to include the Mobile Money Providers’ wallet in our Wakandi app so that we may collect and distribute funds from the mobile wallet. We could also investigate other potential areas for cooperation.
Wakandi targets users from the cooperative sector with a system where we don’t charge any licence fee for the application. This leads to mass adoption of our product when we launch in the local market.
Today, in Dar Es Salaam, TAMFI and Wakandi Tanzania signed a commercial contract that has been in the making for quite some time. TAMFI is the umbrella organisation for licensed MFIs all over...
We are live with Co-Operative Bank in Kenya Last week, Wakandi Kenya signed the commercial contract with Co-Operative Bank, following a pilot conducted over the last 14 months. We are now fully live...
At Wakandi Uganda Limited, we are thrilled to recognise our valued partner, the Association of Microfinance Institutions of Uganda (AMFIU), for their outstanding commitment to advancing financial...
Wakandi targets the part of the economy that is currently classified as informal. Therefore, our focus is on the cooperative sector with an unbeatable offering to build revenue for Wakandi and our banking partners. Currently, there are millions of people on the African continent who are not financially included and are unable to access financial services. However, these people are using mobile money. With Wakandi, we are trying to onboard this huge group and find ways for them to become part of the financial system, through banking. As we onboard more and more informal financial groups like SACCOs, banks have the opportunity to tap into this untouched market.
As financial inclusion expands through digitisation in Africa, with help from Wakandi, data analytics can be a key tool to further improve the situation. With data analytics, banks can build several services pertaining to a customer group to increase their revenue stream. With digitization and data availability, banks are at the beginning of a period of exponential growth.
We are excited to announce that Wakandi and Sanlam Life Insurance (U) Ltd. have come under a strategic partnership to launch the life insurance service for cooperative societies in Uganda.
The sudden emergence of coronavirus dealt a severe blow in African countries causing a rapid economic contraction. The pandemic impacted business across industries, including the finance sector. Now,...
The impact of financial technology (fintech) in Africa has been substantial. Fintech, especially mobile money, has emerged as a worthy adversary to traditional finance. It has created an open...
Wakandi focuses mostly on cooperatives as it works toward the informal economy. The social component that fosters trust is the foundation of the cooperative sector. Due to several examples of fraud in the cooperative sector, faith is poor in many nations today. These issues can be resolved by giving the industry a digital makeover. Therefore, there is a critical need for sound innovation, which will speed up growth and improve the industry’s capacity to provide adequate administration.
As an umbrella organisation operating in the sector, one may experience difficulties with subpar IT solutions and difficulties tracking members’ in- and out-of-office activities. One might even encounter difficulties getting in touch with them via newsletters, SMS, or other channels.
Wakandi can assist you with these problems. and we believe our product will make you successful in these areas. We support the establishment of powerful umbrella organisations and interest groups to coordinate, represent, and unify the cooperative sector. Our goals are similar: to digitise the economy and enhance people’s lives through a stronger cooperative sector.
Wakandi Uganda has recently signed an MoU with The Association of Microfinance Institutions of Uganda, an umbrella organization of microfinance institutions, to digitize SACCOs and cooperatives in...
Cooperative societies across Africa have been operating for decades to offer affordable financial services. They play a pivotal role in the socio-economic upliftment of millions of people,...
More than 5 in 10 adults (56%) in Tanzania are financially included, almost all through mobile money accounts. Mobile technology connects more than 47 million people to various digital initiatives...
