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Carin Carlgren
Verified
Content Editor, Mama
Stockholm
Beats
Biography
Content
Company Info
Mama
Mama Money is a financial technology company based in Cape Town, South Africa, founded in 2013. It specializes in international money transfer services, primarily for African and Asian expatriates living and working in South Africa and beyond. The company aims to address the high costs and accessibility challenges of sending remittances home, focusing on safe, fast, and low-cost cross-border payment solutions. The company offers a mobile application that allows users to send money internationally to over 50 countries across Africa, Asia, and Europe. Mama Money has expanded its services to include cash payments through partnerships with major South African retailers, making it accessible to unbanked migrants. This approach helps serve a diverse customer base, including those who prefer cash transactions. Mama Money is committed to keeping transfer fees low, reflecting its dedication to affordable remittances for its users and their families.
Johannesburg, Gauteng, South Africa
+27 11 447 4051
Founded: 2009