Money transfer company, SimbaPay, has expanded its services to Ghana and Uganda. This means that SimbaPay users living in Europe can transfer money to their loved ones via mobile money or their bank accounts.
SimbaPay users with a bank account or debit card can use the service to securely make money transfers. The transfers are credited to recipients immediately or after 3 days depending on which option the user selects. Recipients can then access the money through mobile money channels or via their bank accounts.
According to SimbaPay’s CEO, Nyasinga Onyancha, “This is the perfect Christmas gift to Ghanaians and Ugandans living in Europe who have been asking when SimbaPay will expand coverage to their home countries. By delivering money via existing mobile money wallet services, many recipients who previously could not access formal financial services can now do so.”
Earlier this year, in April 2016, SimbaPay was selected as one of 10 companies to join the Barclays Accelerator powered by Techstars in Africa. It was also named the overall winner at the Demo Africa 2015.
SimbaPay already supports transfers to Nigeria and Kenya and it hopes to extend its services to more countries next year.