Mangwee Payment Systems

Mangwee is a mobile money transfer platform designed to enhance financial inclusion, particularly in rural areas of Zambia and Africa. The platform allows users to pay utility bills, school fees, and top up airtime, as well as receive money transfers from family and friends. Users can also withdraw cash at any authorized agent countrywide. Mangwee operates in the financial technology sector, targeting individuals and businesses that require accessible and affordable financial services. The business model revolves around facilitating secure and cost-effective transactions, thereby earning revenue through transaction fees and service charges. The company also employs a network of 'Super Agents,' who are authorized retailers or companies that facilitate money transfer services. These agents undergo a straightforward online onboarding process to become part of the Mangwee network. Mangwee aims to propel Zambia and Africa towards a cash-light economy by providing an easy-to-use, secure, and affordable payment platform. The company is led by Mr. Malindi, an award-winning entrepreneur with extensive experience in private equity and venture capital across multiple countries. Mangwee's advisory board includes experienced professionals from various sectors, adding to the company's robust governance and strategic direction.

Keywords: mobile money, financial inclusion, Zambia, Africa, payment platform, utility bills, school fees, airtime top-up, cash withdrawals, Super Agents.