Technology Magazine November 2018 | Page 270

SUCCESS
ATLAS MARA
270

“ We are working on building an agency banking model that reflects our aspirations . We are going to be building a model based on partnerships ”

— Teza Ngulube , Country Head Retail and Digital Banking
Atlas Mara ’ s Katete Branch out over that last couple of months and they ’ ve just been fantastic , and we have achieved quite a bit with them . I would also like to mention our Oracle support team , who have been holding our hand throughout these projects .”
SUCCESS
Ngulube is proud to announce at the time of writing that the service has just hit 10,000 downloads on the Google Play store . “ The total registrations today were 22,000 . So , 12,000 on USSD and 10,000 on the apps is considerable progress , given that we have spent a lot of time without a functioning mobile solution . It is also interesting to see the growth on the USSD channel , because initially we had most of the downloads coming through on the app . But then , all of a sudden , we saw a strong shift on the USSD side . In this case , that ’ s where we expect most of the traffic . So , we made some good traction there . Right now , we are still at the stage of trying to get more and more customers onto the platform given our customer base of 150,000 .”
Atlas Mara Zambia is just starting the migration of its customers to the new wallet solution , Tenga ; a low KYC
NOVEMBER 2018