Mike Smits has been appointed as group managing director at payment solutions provider EFT Corporation, stepping out of his role as CFO.
Mike’s extensive experience in business growth and market expansion, as well as customer engagement, makes him well-placed to take up the GMD role, as EFT Corp looks to expand its presence in Africa, most notably Ethiopia, the DRC, and Kenya.
“This is a very exciting time for me professionally as well as for the company,” says Mike.
“Our focus on these new markets offers a great opportunity to make a positive impact in countries that currently have low digital enablement, outdated banking infrastructure but huge potential for the advancement of financial inclusion for many millions of people. Our growth is the continent’s growth, and our success is Africa’s success.”
Mike co-founded EFT Corp, previously known as Ukheshe, in 2018. The company initially began as a payment solution for people without bank accounts. He was previously the director of Jini Guru and GM of finance for Smile Communications. He has a BCom honours in accounting from the University of Johannesburg.
