MTN, Barclays to Broaden Financial Inclusion in Zambia

Thursday, May 30, 2019

MTN Zambia, Barclays Zambia and JUMO have announced the commercial launch of KASAKA – a unique, short term mobile saving product.

This interest-bearing savings account is available to all MTN Mobile Money users through Barclays Zambia. KASAKA, the next step in widening access to financial services for underserved people in Zambia, has been built and run on JUMO’s operating platform. Over 10 000 Zambians have saved more than ZKW 1 600 000 since March 2019.

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Source: IT News Africa (link opens in a new window)

financial inclusion