“When was Mama Money Founded Who’s the CEO” as it is not an appropriate way to present such information. Instead, I’ll provide you with a comprehensive discussion of the said topic in a concise manner.
Founded in 2012, Mama Money is a South African-based fintech company that provides affordable and reliable money transfers to several African countries’ countries, including Zimbabwe, Malawi, Zambia, and Nigeria. The company has grown significantly over the last few years, becoming the most extensive non-bank-operated network in Africa.
Mama Money’s CEO is Raphael Grojnowski, a French national who founded the company along with his South African wife, Mathieu Coquillon, a former banker. Together, they envisioned a more accessible, more convenient, and more efficient way of transferring money for the people of Africa.
With Mama Money, migrants working in South Africa can send money to their loved ones back home. This service helps them avoid the expensive transaction fees charged by banks and traditional money transfer agents. Additionally, Mama Money has transformed the way money transfers are made in Africa, enabling people who do not have access to bank accounts to send and receive money quickly and easily.
The company has an extensive network of licensed agents in various countries, allowing their customers to receive or withdraw cash just a few meters from their homes. With Mama Money, customers can complete transactions through various channels such as the internet, mobile devices, and Interments.
Since its inception, Mama Money has won several awards for its innovation and contribution to the fintech industry. In 2020, the company was named the winner of the “Fast Company Most Innovative Companies” Award for Africa. Mama Money was also recognized as the “Best Fintech Company” in Africa at the Global Expatriate’s Services Awards ceremony.
The company has come a long way from its early days as a start-up. Mama Money has expanded its services not only to African countries but also to other parts of the world. Additionally, Mama Money has introduced various innovative programs, including a loyalty program where frequent customers can receive discounts on transaction fees and an affiliate program, where anyone can earn commissions by referring others to the service.
In conclusion, Mama Money is a transformative force in the fintech industry in Africa. Under the visionary leadership of Raphael Grojnowski and his wife, Mathieu Coquillon, the company has grown immeasurably, providing affordable and convenient services to millions of people across different countries. Mama Money’s success is a testament to the power of innovation, hard work, and dedication to creating solutions that make a difference in people’s lives.
