Maxicash
Fintech | Democratic Republic of Congo
Maxicash is a virtual fintech platform
What they do:
Maxicash offers an affordable cross border money transfer solution via a mobile app, payment gateway (access to merchants) and cards (simple, flexible and convenient).
Why we invested:
Product: Multi-transactional wallet enables the user to process multiple transactions.
Licensing in DRC: MaxiCash has obtained a remittance licence in DRC which is a significant barrier to entry for competitors.
Ecosystem: MaxiCash has various service providers accepting Maxicash Payments.
The Founder:
Ruddy Mukwamu is the founder of Maxicash
Active in:
South Africa and DRC