After working in the mobile money sector for several telecom operators in West Africa, two tech entrepreneurs ventured into the same market in the mid-2010s by establishing a fintech company.

Wizall Money is a fintech solution established by a subsidiary of Groupe Banque Centrale Populaire. It offers both individuals and businesses access to a variety of financial services. Headquqrtedred in Dakar, it was founded in 2015 by French entrepreneur Sébastien Vetter and Congolese entrepreneur Ken Kakena.

Wizall Money includes a mobile app that’s available on both iOS and Android platforms, with the Android version boasting over 100,000 downloads. Once the app is downloaded, users can set up an account and gain access to a wide range of services. The Wizall Money Pro feature allows businesses to pay employee salaries, settle bills, collect payments, and carry out bulk payments.

The startup explains, “If your employee has a Wizall Money account, the funds will be directly deposited into their account. If they don’t have an account, they’ll receive a withdrawal code via SMS. All withdrawals with Wizall Money are completely free.”

Individuals can use the Wizall Money feature to send money to family members, regardless of whether they have a Wizall Money account. They can also pay merchants with just a few clicks, buy airtime, and settle electricity and water bills, among other services.

Like many other fintech startups in Africa, Wizall Money has a network of agents that make its services more accessible. In addition to Senegal, the startup operates in Côte d’Ivoire, Burkina Faso, and Mali.

Adoni Conrad Quenum