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Mama Money
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Mama Money

http://mamamoney.co.za/
Last activity: 05.08.2025
Active
Categories: AfricaTechAppBusinessCareFinTechHomeMobileSearchServiceSocial
Mama Money is a rapidly growing, innovative, tech company and the world’s first Social Business Money Transfer Operator.

Mama provides an easy, safe and low-cost way for foreign nationals to send money home to support their families. Our mobile application is easy-to-use and allows our customers to send money to their loved ones through a vast payout network that's continuously expanding.

Rather than looking at profit-maximisation, Mama aims to directly assist people who don’t earn a lot by lowering the cost of cross-border payments.

Mama Money was built to help African and Asian expats who left their homes and communities in search of better opportunities. Social upliftment through financial inclusion is the core belief of Mama Money and this drives us to keep growing and innovating.

We have plenty of new job vacancies available so be sure to follow our page for regular updates. Mama is always on the lookout for individuals who want to make a positive impact on this world through meaningful work. Come and join the family!
Likes
266.64K
Followers
8.44K
Website visits
7.1K /mo.
Mentions
44

Overview

Location
South Africa, Western Cape, Cape Town
Employees
51-200
Phone
+27 21 202 5420
Founded date
2013

Mentions in press and media 44

DateTitleDescription
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Aug 5, 2025Capitec targets migrant wallets with cross-border transfersCapitec, South Africa’s largest bank by customers, is muscling in on the remittance market through a partnership with the fintech and remittance specialist Mama Money. In a joint statement on Tuesday, Capitec said the partnership will help ...
Nov 19, 2024WhatsApp-powered bank card launched in South AfricaA South African fintech specialising in cross-border money transfer has launched a new bank card that allows card holders to manage their account and money through WhatsApp. Mama Money Financial Services has launched the bank card in collab...
May 4, 2022Nicolas Vonthron named CEO of Mama MoneyMama Money co-founders Mathieu Coquillon and Raphael Grojnowski. Cape Town-based fintech firm Mama Money has appointed Nicolas Vonthron as CEO. This, as the start-up has set its sights on expanding its global footprint, which now reaches ov...
Feb 16, 2021SA fintech Mama Money grows 500% during the pandemicMama Money, a South African founded digital money transfer operator reportedly grew by 500% during 2020. Mama Money grows 500% during the pandemic According to reports, the fintech startup currently has more than a million users who pay f...
Feb 16, 2021SA fintech Mama Money grows 500% during the pandemicMama Money, a South African founded digital money transfer operator reportedly grew by 500% during 2020. Mama Money grows 500% during the pandemic According to reports, the fintech startup currently has more than a million users who pay fee...
Feb 16, 2021Mama Money prevails as growth surges in tough climateMama Money co-founders Mathieu Coquillon and Raphael Grojnowski. Despite the tough economic conditions as a result of the COVID-19 pandemic in 2020, local fintech start-upMama Money says it saw growth in international money transfers of ove...
Sep 7, 2020Is Africa Heading Towards a Cashless Society?wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /home/r8qkakm4wchc/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-er...
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Sep 7, 2020Is Africa Heading Towards a Cashless Society?wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /var/web/site/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-error) ...
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FAQ about Mama Money

When was Mama Money founded?

Mama Money was founded in 2013.

What has the press written about Mama Money?

Parsers VC has collected 44 articles mentioning Mama Money, among them “Capitec targets migrant wallets with cross-border transfers” (Aug 5, 2025) and “WhatsApp-powered bank card launched in South Africa” (Nov 19, 2024).

Is Mama Money still active?

Yes, Mama Money is active; its latest activity on Parsers VC dates from Aug 5, 2025.