Finance Indaba 2017: Mukuru is revolutionising cross-border payments
"Mukuru is dismantling barriers for cross-border money transfers in Africa. We send more transactions out of South Africa than any other formal remittance company, yet we are still relatively unknown in the formal sector," says Andy Jury, CEO of Mukuru, a silver partner at the Finance Indaba Africa 2017 on 12 and 13 October 2017 at the Sandton Convention Centre in Johannesburg.
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Do you want to learn more about how Mukuru is dismantling cross-border payment barriers? Do you want to be informed about the latest and greatest in finance? Then don't miss the Finance Indaba Africa 2017.
In the coming weeks and months, we will be chatting to all the Indaba partners, asking them why they are joining the event and what their most important message for finance professionals is.
Why will you be present at the Finance Indaba?
"Mukuru is dismantling barriers for cross-border money transfers in Africa. We send more transactions out of South Africa than any other formal remittance company, yet we are still relatively unknown in the formal sector. We would like to showcase Mukuru to the FinTech industry and engage with players in the space. Hopefully we will be able to spawn some new ideas, and generate additional value for our customers and their loved ones back home."
What will you be talking about or showcasing?
"We would like to showcase our success stories and demonstrate our unique approach to assisting migrant workers in Africa (who are typically structurally excluded from formal sectors) to support their families."
What challenges can you help finance professionals/firms/individuals with in 2017?
"We can assist by providing insight into the nuances of low to middle income migrant workers and their families across the vastly different social and economic environments in Southern Africa."
What is the biggest challenge facing African FinTech businesses?
"One of the biggest challenges is dealing with 'institutional voids'. Operating environments are often not very consistent; in our space, every country and partner requires a unique approach."
What do you see in the future of FinTech on the continent?
"As various African economies continue to flourish, African businesses will develop uniquely African solutions to African challenges, thereby enabling us to leap-frog established first world approaches."