Ukheshe acquires EFT Corporation
Despite the acquisition, Ukheshe and EFT Corporation will continue to operate as seperate entities.
Despite the acquisition, Ukheshe and EFT Corporation will continue to operate as seperate entities.
Mobile money is well entrenched in East Africa, but now Ukheshe and DTB want to challenge that dominance in Kenya.
The Ukheshe Lab will allow the firm to focus on research and development of payment solutions and more.
Masterpass has been acquired by Ukheshe and it has decided to rebrand the solution to Scan To Pay.
DPI and Fireball Capital are detailed as the key investors in the latest announcement from Ukheshe, with a larger expansion now planned.
With Coinvest working on disbursing NSFAS payments, Ukheshe has built a progressive web app channel for students to access funds.
SME in-a-box from Ukheshe is said to be making tangible changes to the lives of Zambians thanks to a partnership with Digital PayGo.
Ukheshe says the new solution will allow any NFC-enabled Android phone to accept tap-on-phone payments sans certifications or app approval.
As Ukheshe continues its recent expansion into new territories, it has partnered with hyperscaler AWS to do so more effectively.
Botha’s role at Ukheshe Technologies includes overseeing data security, IT infrastructure and improving its ability to engage with clients.
The tipping solution will work via the Engen 1app or any other payment app that runs MasterPass. Whether it’s used is another question.
Viewed as one of Africa’s most valuable startups, Ukheshe has chosen to partner with Chipper as the platform’s P2P payments look to expand.