How Mama Money Is Helping Foreign Nationals Send Money Back Home. Mama Money is a rapidly growing, innovative, tech company and the world’s first Social Business Money Transfer Operator. Mama Money provides an easy, safe and low-cost way for foreign nationals to send money home to support their families. The company’s mobile application is easy-to-use and allows its customers to send money to their loved ones through a vast payout network that’s continuously expanding. Rather than looking at profit-maximisation, Mama Money 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 the company to keep growing and innovating.
Mama Money was founded in 2013 by Mathieu Coquillon and Raphael Grojnowski and is a registered financial service provider licensed by the South African Reserve Bank. Mama Money offers some of the best exchange rates and lowest fees in South Africa with fees as low as 1% for cross-border money transfers. With Mama, clients can send money to over 50 countries across Africa, Asia & Europe.
Follow these simple steps to register now.
Step 1: Download the Mama Money App from the Google Play or Apple App Store.
Step 2: Enter your cell phone number, create your pin, and fill in your details.
Step 3: Upload a clear photo of your Passport, ID, and Refugee or Asylum documents in the app.
Step 4: Upload a clear selfie in the app.
That’s it, your account will then be verified within 24 hours and you can start sending. Once your pictures are submitted Mama Money’s friendly Compliance Team will go over your registration details and if all is in order you can expect your account to be activated within 24 hours.
The company is also focused on improving the community as it has plenty of job vacancies available. Mama is always on the lookout for individuals who want to make a positive impact on this world through meaningful work.
