Fintech
Zeepay Ghana Ltd
Africa, The Caribbean
Zeepay Ghana Ltd is a payment infrastructure company facilitating the digital settlement of remittances into mobile money wallets in Africa.
About project
In 2023, the Company settled over 10 million transactions worth over US$ 3 billion.
Role of Africa50
Our partners
Africa50 | Oikocredit | I&P | Injaro
Project impact
Development
- Providing African countries with much needed hard currency inflows.
- Reducing the cost of sending money back home for the African diaspora (currently ~3x SDG10 target of 3%).
- Increasing access to financial services and reducing the gender gap in financial inclusion (65% women).
Environment
- Facilitates the digital transformation of traditional financial institutions, which is conducive to transferring offline economic activities to online, thus reducing carbon emissions.
Employment
- In addition to creating over 220 direct jobs, Zeepay has also created a new income stream for mobile money agents and for small merchants, who can now accept digital payments.
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