In South Africa, Kazang is establishing itself as a key driver for modernizing payments and improving the fluidity of commercial transactions while strengthening the financial autonomy of small businesses.

Kazang is a fintech solution developed by a South African startup, offering a mobile application that enables users to conduct various transactions, including bill payments, airtime purchases, money transfers, and digital service top-ups.

Led by Martin Wright, the Cape Town-based startup aims to address the needs of both shop owners and their communities. "We understand the unique needs of both shop owners and the vibrant communities they serve, and we are here to bridge the gap with innovative solutions.We provide shop owners with a single handheld device that opens doors to new revenue streams and transforms their shops into hubs of opportunity," the company states on its LinkedIn page.

The Kazang solution features a mobile application available on iOS and Android, with over 100,000 downloads. Users create an account using a valid South African phone number and complete registration through customer service. They can then fund their Kazang wallet via local bank transfers or instant transfers.

Designed to operate in areas with limited banking infrastructure, Kazang facilitates electronic transactions, reducing reliance on cash and securing payments. This allows small merchants to diversify their revenue streams.

Kazang also operates in Namibia, Botswana, and Zambia, extending its fintech solutions across Southern Africa.

By Adoni Conrad Quenum,

Editing by Feriol Bewa