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The Innovation Spark

Zeepay expands to the Gambia to facilitate cross-border transactions

by Christian Kusi
April 15, 2023
Reading Time: 1 min read
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Zeepay expands to the Gambia to facilitate cross-border transactions
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Zeepay, the fast-growing remittance-to-wallet fintech company, has been approved by The Central Bank of Gambia to operate a remittance service. This latest expansion will make Gambia the fourth country Zeepay has entered including Zambia, Ghana and Ivory Coast.

The company’s partnership with MoneyGram, a global provider of money transfer and financial services, will enable Gambians to receive money directly into their Zeepay wallet and send money to over 150 countries, making cross-border transactions more accessible and convenient than ever before.

“Zeepay’s mission is to bring financial services to underserved communities, and we are thrilled to bring our cutting-edge mobile money solutions to the Gambia and further drive financial inclusion for all,” said Andrew Takyi-Appiah, founder of Zeepay. “Our innovative fintech platform opens up the local market and creates interoperability between wallet-to-bank and bank-to-wallet transactions, making financial services accessible to everyone.” 

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Zeepay, through its focus on innovation and technology, increased sales volume to US$400 million in 2020, connecting digital assets, such as mobile money wallets, cards, ATMs, and global tokens, to international money transfer operators. Zeepay processes remittance payment transactions for over 150 million subscribers across 20 countries in Africa. Zeepay is a wholly Ghanaian-owned company – regulated in the UK by the Financial Conduct Authority and in Ghana by the Bank of Ghana.

Source: Technova Ghana

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