Technology Magazine July 2018 | Page 228

MOZABANCO
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THE AFRICAN BANKING SECTOR IS A HOTBED OF INNOVATION . IN MOZAMBIQUE , MOZA BANCO IS DRIVING FINANCIAL INCLUSION WITH ITS CUTTING-EDGE DIGITAL STRATEGY

K frica has the secondfastest growing banking market in the world , according to a report by Kinsey , and it seems the story is no different in Mozambique .

Championing services like mobile money solutions and agent banking , one of the country ’ s leading commercial banks ,
Moza Banco , has strived to offer affordable , instant and reliable financial services to both urban neighbourhoods as well as rural villages , areas where no bank may have ever established a branch before .
Looking forward , the 10-yearold bank has big plans for the future but none outshine its
JULY 2018