On this episode of Technikari, we were joined by Takwana Tyaranini the co-founder of the popular remittance service Senditoo.
Senditoo has been blazing a trail especially in 2020. The company slashed all fees for money transfers to Zimbabwe and it also launched a referral program where people get US$10 for referring someone to the service.
On this episode we talked about:
- Back in March 2020, the World Bank said that remittances to Sub Saharan Africa would fall by plus or minus 20% but for Zim it has been different. Remittances to Zimbabwe grew by 42%. Since Takwana Tyaranini is in the space, we asked what his take or insights are on the massive upswing.
- Senditoo as mentioned before slashed all fees for money transfers to Zimbabwe, add that to the referral program and that’s quite a lot of money. How is Senditoo able to manage this?
- We have seen the remittance space shift from just money transfers to include services as well. Senditoo recently launched their ZESA token purchases, so is this where the industry as a whole is headed?
- Lastly what we should expect from Senditoo in 2021.
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