PODCAST | Mukuru’s strategy to extend technology lead in payments

Mukuru’s ongoing efforts to push financial inclusion through technology is the focus of this edition of Business Day Spotlight. 

Host Mudiwa Gavaza is joined by Sandy Rheeder, Mukuru’s chief information officer (CIO). 

Rheeder, who has been leading Mukuru’s technology effort since 2019, outlines the company’s ongoing push to win in Africa’s competitive money transfer market, digital investment and the evolving place of women in the sector. 

Mukuru is a financial technology (fintech) platform in Southern Africa that specialises in cross-border payments and remittances. It has a customer base of more than 16 million across 50 countries in Africa, Asia and Europe.

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Rheeder highlights that technology has traditionally been a male-dominated industry, lauding Mukuru’s strides in women empowerment, as evidenced by its own workforce, 28% of its technology team comprising female staff.

Through the discussion, Rheeder highlights Mukuru’s business model; gaining market share in African payments; the company’s technology investment and the effort to empower more women. 

She takes us down memory lane, explaining her own journey in the sector and what it takes for women in 2024 to make their mark in the industry. 

• Business Day Spotlight is a MultimediaLIVE Production. 

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