Mukuru is a leading money transfer and financial services platform in Africa, primarily serving Zimbabwean migrants in South Africa.
The 20-metre neobank: How Mukuru is solving the gap between receiving cash and spending it
Juan Seco transitioned from Wall Street to African fintech, realizing the importance of simplifying financial transactions. Mukuru, a digital financial services company, operates in over 60 countries and serves 17.6 million customers.
Bank Zero Turns a Profit as It Gains 500,000 Mukuru Customers
Bank Zero recorded its first break-even month in August 2026, covering operating costs. Approximately 500,000 Mukuru customers began transitioning to Bank Zero's platform.
Why more Lesotho migrant workers are choosing fintechs to send money home
Mampe Seema began using Mukuru for remittances after facing difficulties with traditional banking. An estimated 400,000 Basotho migrants in South Africa are increasingly using fintechs for cross-border payments.
Mukuru Expands Cash Payout Network Through Travelex Partnership
Mukuru has partnered with Travelex to expand cash payout options for remittance customers in South Africa. Travelex has been integrated as a new payout channel within Mukuru's national network.
Mukuru users to get instant loans after JUMO partnership
Mukuru launches Fast Loan, a mobile-first credit product for South African immigrants. Loans range from R100 to R8,000, with funds disbursed instantly to Mukuru Cards.
