Burkina Faso: Jules Kader Kaboré offers an alternative to Mobile Money wallets

By : Melchior Koba

Date : vendredi, 29 juillet 2022 13:04

The young entrepreneur wants to contribute to financial inclusion and economic development in his country. His digital payment solution already boasts more than 70,000 users.

Jules Kader Kaboré (photo) is a Burkinabe programmer and co-founder of Sank Business, a money transfer company launched in January 2021. 

  His company developed Sank Pay, a mobile payment app enabling users to make fee-free deposits. Users can also secure loans and make withdrawals with fees amounting to about 1% of transactions. 

“At Sank Business, our goal is to lift Burkina Faso into the ranks of African countries that have fully-digitalized economies, by 2025,” Jules said in December 2021.  

Through Sank Business, the latter issues payment cards that have no expiration date and are renewable at will. Its cards enable people with no internet access to carry out cashless financial transactions.  

Jules Kader Kaboré launched Sank Business after a few years in the U.S. tech industry. In 2016, he worked as an intern web developer for Ignition 72, a Maryland-based internet marketing agency.  From September to December 2018, he became a math tutor at Laney College in California. 

A few months after his stint at Laney College, along with some Burkinabe students based in the USA, he developed Coucou-Africa, a solution that allows users to buy or sell goods in Africa and even get the latest information about the continent. 

Melchior Koba


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