Congo: MaxiCash Facilitates Payments and Money Transfers for the Diaspora

By : Adoni Conrad Quenum

Date : mercredi, 27 mars 2024 14:42

According to its co-founder, Ruddy Mukwamu, MaxiCash was inspired by the Apple ecosystem. 

MaxiCash, a fintech solution developed by a Congolese startup, is enabling Africans in the diaspora to make payments, transfer money internationally, and pay for various goods and services. The startup, launched in 2016 by Ruddy Mukwamu, is based in Kinshasa, Democratic Republic of Congo, and Johannesburg, South Africa.

We combined our experience in tech and digital to help communities use technology to foster financial inclusion,” Mukwamu said.

The MaxiCash mobile application, available on iOS and Android, allows users to create an account and access various fintech services. Users can send money internationally, make payments, and shop online in partnership with MaxiCash. The application includes a digital wallet, which can be topped up using various digital payment methods, including bank cards.

MaxiCash also offers Visa bank cards for online payments and receiving international payments. The start-up provides a payment gateway for businesses, enabling those involved in online commerce to integrate MaxiCash’s payment solution to facilitate their financial transactions. According to the Play Store, the application has been downloaded more than 10,000 times.

Adoni Conrad Quenum


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