Mozido Opens African Headquarters in Johannesburg, South Africa

Mozido Africa, a subsidiary of Mozido, Inc., announced the opening of its African headquarters in Johannesburg, South Africa. This represents a key milestone in the expansion of Mozido and the company’s commitment to the continent of Africa. Africa has some of the fastest growing mobile money markets worldwide. Providing African consumers access to Mozido’s innovative platform will change how mobile money is utilized across the continent.

“Our mission is to provide financial accessibility globally. Africa is a vital region for implementing Mozido’s operations and strategically it made sense to have our regional headquarters in Johannesburg,” said Michael Liberty, founder of Mozido. “Currently, Africa leads the world in mobile money use, therefore Mozido will have both a great deal to contribute to and learn from the growing and active consumer base.”

African operations are lead by Cuthbert Tembedza, executive vice president of business development of Mozido Africa. Tembedza, a seasoned player in the mobile money space, will formulate and supervise the strategic direction for Mozido’s operations throughout the continent. Mozido Africa plans to set the standard for mobile money with innovative technology and product solutions that target the entire population of banked, under-banked and unbanked consumers.

“As long as the majority of our people do not have access to financial services, there is work for each of us to do,” said Tembedza. “To date, mobile technology has proven to be a catalyst in addressing financial exclusion. What we need now is to ensure that someday each of the 1.1 billion people in Africa have access to financial services. Mozido’s cloud-based mobile platform will help achieve that goal.”

Mozido’s mobile payments solution already benefits millions around the globe by addressing key financial payment challenges. Mozido is committed to the growing movement of innovative mobile payments technology to help future generations live well both in Africa and across the globe.

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