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Mukuru Acquires Malawian Fintech Zoona

Image sourced from Mukuru Mukuru, one of the largest international money operators and remittance companies in Africa, has confirmed that it has acquired Zoona Malawi’s operational assets along with the technology systems that support its Malawian operations. Zoona, which has worked with Mukuru for four years as a trusted partner, is an Africa-based fintech that enables entrepreneurs to bring safe and reliable financial services to underserved communities in Malawi and elsewhere. “Mukuru empowers Africa’s financially underserved migrant workers to be included in the formal financial ecosystem and to move money in a convenient, safe and affordable way,” says Andy Jury, CEO, Mukuru. “This acquisition will bring the benefits of our extensive products and cutting-edge technology to the citizen...