London, 06 July 2022
KongaPay at House of Lords, London, signs historic partnership with Bibimoney
House of Lords hosts historic partnership deal between KongaPay, Bibimoney
KongaPay, a frontline mobile money platform and a member of Konga Group, Nigeria’s leading composite e-commerce giant, has signed a landmark deal with Bibimoney, a UK-based industry leader to expand access to financial inclusion for many in Nigeria, while also raising standards in the Fintech ecosystem in Nigeria and beyond.
The iconic partnership was signed at the prestigious House of Lords, London last week by Mr. Shiraz Jessa, CEO of Bibimoney and Dr. Leo Stan Ekeh, Chairman of Konga Group witnessed by Lord Anthony St. John of Bletso, Member of the Bibimoney Advisory Board, and many other distinguished guests.
In his pre-signing speech, Lord Anthony, as he is popularly known, said the world has so much confidence in Africa and the Middle East because of infinite possibilities that could emerge with companies like Konga with great credentials.
‘‘We believe in the pedigree of ownership of such home-grown companies out of Africa and shall do our best to support KongaPay become a globally respected financial services company with the way technology is simplifying transactions borderlessly. Dr. Ekeh, we have many reasons to trust Konga,’’ he stated.
Also speaking, Mr. Shiraz, a highly respected Fintech genius and CEO of Bibimoney, congratulated the Chairman and management of the Konga Group for elevating governance and trust in the mobile money business.
‘‘I must tell you that a lot of companies had approached us for partnership, but your history and the profile of your investors distinguished you from the rest and that is why we are signing an exclusive partnership with KongaPay. I can assure you that a in few months, you will become a very exemplary company out of Africa in the Fintech world after we have implemented the tech backbone that shall drive your different platforms seamlessly,’’ he said.
On his part, Chairman, Konga Group, Leo Stan Ekeh while appreciating Lord Anthony, the management of Bibimoney and other distinguished guests present, assured them that the vision of KongaPay remains very clear and that is to lead in Africa.
‘‘Our target is to onboard a minimum of 65m active Nigerians and Africans by the year 2025. As you are aware, we have complimentary benefits to extend to our customers unlike our competitors and that is, leveraging on our many verticals – Konga Marketplace, Konga Travel, Konga Health, Konga Food, Konga retail stores and many more to come. Most importantly, you can trust us. Thank you for the partnership,’’ he affirmed.
The partnership between both trusted platforms will promote person to person transfers, bill payments with quality and trusted payment solutions to mobile money agents, merchants, businesses, donor agencies, government and individual consumers, among others. More to the point, KongaPay will leverage Bibimoney’s status as the world’s first interoperable mobile wallet to roll out an exciting solution for Nigerian users.
‘‘This strategic alliance is coming at a time that technology is changing the way financial services are performed. In the next few months, users will be thrilled with a unique simple solution that is network-provider interoperable and accommodates any type of phone in the world,’’ disclosed Isa Aliyushata, Vice President, KongaPay.
Continuing, he stated: ‘‘KongaPay will also be rolling out lots of payment solutions that will facilitate cross-border payments, promote branchless and borderless trading across the world. This, of course, keys in with the Federal Government’s bid to promote the benefits of the African Continental Free Trade Area (AFCFTA). As we grow our customer base which currently stands at 2 million, we would be expanding the range of services we provide in the next few months with lots of product offerings and benefits that are too great to ignore. KongaPay will continue to promote payment with trust,’’ he concluded.
The epoch-making partnership places KongaPay in a stronger position to grow its market share, while offering its growing customer base more exciting options and changing the narrative of financial inclusivity in Nigeria.
Licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC), KongaPay has, since inception, played a key role as a leading provider of digital payment services for e-commerce transactions and other mobile money services in Nigeria. Likewise, Bibimoney is an award-winning mobile money platform, with global recognition and partnerships in Botswana, Mozambique, Malawi and the Solomon Islands, among others.
Gaborone, 03 May 2019
BotswanaPost PosoMoney scoops Best Innovative Project Award
The Ministry of Transport and Communications found it imperative to recognize and award officers and parastatals who have highly performed and displayed selflessness in driving the Ministry mandate in attainment of efficient service delivery.
The awards were held on Friday 03rd May 2019 at the Gaborone International Convention Centre under the theme: ‘Public Service Innovation and Transformation’. The guest speaker at the awards was the Minister of Transport and Communications Hon. Dorcas K. Makgato. BotswanaPost scooped the Best Innovative Project 2019 for their recently launched mobile money solution app – PosoMoney.
PosoMoney is an inclusive and convenient mobile money solution that is interoperable across all networks; lending the inclusivity attribute of the post office as per the BotswanaPost mandate. This mobile money solution can be used on either a smart phone or feature phone and on any network as elaborated in its slogan of “Any Phone. Any Network.”
PosoMoney features are:
PosoMoney utilizes agents and merchants nationwide to create the best customer reach possible. Registration for PosoMoney is free; all a customer needs is a mobile phone, active sim card, valid identification and/or PosoMoney sim-skin.
Maputo, Tuesday 12 September 2017
British company bibimoney signs a joint venture with Smart Technologies Lda and Banco Oportunidade de Mozambique to celebrate the formation of bibimoney Mozambique:
On Tuesday 12 September in the presence of HE Mr Victor Gomes, Deputy Governor of the Central Bank of Mozambique, Alderman Dr Andrew Parmley, The Lord Mayor of the City of London and Her Excellency Jo Kuennsberg, British High Commissioner to Mozambique, bibimoney CEO Shiraz Jessa, Nurmomade Hassamo, Chairman of Smart Technologies Lda, and Pieter Van der Merwe, CEO of Banco Oportunidade Mocambique, signed the Memorandum of Understanding celebrating the creation of the Joint Venture of bibimoney Mozambique.
This exciting new joint venture will bring financial inclusion to millions of Mozambiquans, who currently remain outside the formal financial sector. Our ambition is to reach 800,000 financially excluded people in the first year, up to 5 million people in the first five years of the project establishing 10,000 agencies throughout the country creating the potential of thousands of jobs for young Mozambiquans.
Using our fully patented SIM-Skin and encrypted SMS technology, bibimoney is a fully interoperable mobile wallet service that functions on both feature phones and smart phones. It does not require access to data and is completely network independent. It will work on any phone, on any mobile network, anywhere. It overcomes all the problems of current mobile wallet providers. It doesn’t matter which network is used for mobile calls. There is no need to carry more than one phone. All the user needs is a mobile phone and a bibimoney SIM-Skin. It is simple, fast and inexpensive.
bibimoney promotes financial inclusion, incentivises job creation, particularly for women and young people, and significantly reduces inward remittance costs. We are well-positioned to help governments and NGOs reach their goals of delivering up to 50% of development aid to intended recipients by cash transfers, quickly and in the most cost-effective manner.
The fully-patented bibimoney SIM-Skin creates a mobile wallet that allows users to:
Every single new wallet customer has access to financial services and becomes financially included through our partner. Potential partners have all immediately realised the impact that bibimoney SIM-Skin technology could have for the creation of revenue streams, new service offerings for the population, as well as the benefits of increasing financial inclusion, employment and financial literacy.
We have established partnerships in Botswana, Mozambique, Malawi and Solomon Islands. We are in the process of creating partnerships in 50 other countries from the South Pacific to South Africa. In addition, we are working with representatives of the UK Government, NGOs and the Universal Postal Union, bringing the potential of financial inclusion to hundreds of millions of unbanked customers around the world.