SA fintech startup, Mama Money partners Western Union for global expansion


This article is brought to you as part of a new partnership between two of Africa’s foremost news and information platforms for African tech startups, Techpoint Africa and Ventureburn

Mama Money, a South African founded digital money transfer operator, has announced a recent partnership with Western Union.

Joining forces will allow Mama Money customers to transfer funds to their loved ones across the globe through Western Union’s Global Network. This new partnership will enable Mama Money to enter the international money transfer business sphere.

Founded by Mathieu Coquillon and Raphael Grojnowski, Mama Money uses mobile technology to allow its users to transfer funds safely. The company has grown in strides since 2015 with a mere six employees growing to 120 in 2017.

This strong growth is attributed to how the company has drastically reduced the cost of remittances through an easy-to-use mobile app that helps foreign nationals in South Africa send money home to their families.

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Co-founder of Mama Money, Mathieu Coquillon comments on…



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