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Mukuru named among top 100 global cross-border payment providers

Business
Andy Jury, group CEO of Mukuru

MUKURU, a trailblazing next-generation financial services platform, has secured its position as a global leader in cross-border payments by earning a coveted spot on the 2025 FXC Intelligence Cross-Border Payments 100 list—marking its sixth consecutive year of recognition. 

This prestigious accolade reaffirms Mukuru's influence and innovation in transforming how money moves across borders, empowering millions with fast, affordable, and accessible financial solutions.

The fintech company joins an elite group of global fintechs shaping the future of financial services, reinforcing its reputation as a trusted and resilient force in the industry.

In an industry undergoing rapid transformation, this recognition reaffirms Mukuru’s vital role in enabling Africans to participate in the global financial economy through provision of secure, accessible, reliable and affordable payments solutions.

“Mukuru’s continued inclusion on the FXC Intelligence list is both an honour and a validation of our mission to drive financial inclusion at scale,” Andy Jury, group CEO of Mukuru, said in a statement Wednesday.

“Being recognised six years in a row highlights the value we bring to the growing cross border payments market as a proudly African business with expertise in bridging the gap in formal and informal economies across the continent and beyond.”

Since Mukuru’s inclusion in the FX Intelligence list in 2024, the company has expanded its digital financial solutions to over 17 million customers across Africa, Europe, and Asia.

As part of this growth, Mukuru now has five wallets/cards in five markets, including South Africa, Malawi, Zimbabwe, Botswana, and Zambia. These solutions enable users to send and receive funds locally and globally, store, and spend money seamlessly via mobile or card, promoting financial inclusion for both urban and rural communities.

In addition to individual solutions, Mukuru has strengthened its business offerings through MPAY (Mukuru Pay) and EPP (Enterprise Payment Platform).

These platforms provide flexible payment solutions for e-commerce, payroll management, aid disbursements, and bulk transactions, ensuring efficient financial services for organisations across various sectors.

With a regulatory footprint spanning more than 50 financial licenses across multiple countries, the fintech company has also taken a significant step toward expanding its financial services in Zimbabwe.

The Reserve Bank of Zimbabwe recently issued Mukuru with a Deposit-Taking Microfinance Institution license.

This milestone enables the company to provide banking-like and regulated financial services to underserved segments, including women, youth, people with disabilities, and rural communities, in one of its most established markets.

“This recognition is not just a moment of pride – it’s a signal to keep pushing boundaries, as Mukuru rapidly evolves beyond a remittance-led business to a trusted financial services partner for consumers, businesses and organisations,” Jury said.

“We remain dedicated to driving financial inclusion and shaping the future of cross-border financial services by delivering simple, innovative and trusted solutions globally.”

 

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