Mukuru, one of Africa’s biggest fintech firms, has joined forces with MoneyGram to transform cross-border payments across Africa, Asia, and other regions.
The two finance companies collaborate to offer millions of users faster, cheaper, and more accessible remittance services.
Mukuru’s 1,250 Southern African locations and MoneyGram’s global payout coverage create a seamless payment experience.
“This is a milestone moment for Mukuru and the communities we serve. Together with MoneyGram, we are not just extending our network — we are building a technology bridge between traditional cash services and digital ecosystems. Our shared goal is to make cross-border payments simpler, faster, and more inclusive,” said Mukuru’s Group CEO Andy Jury.
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Mukuru and MoneyGram expand payment access
The deal offers Mukuru customers access to MoneyGram’s vast payout network across Asia and Africa, providing multiple options for receiving funds.
MoneyGram customers gain entrance into Mukuru’s reliable agent locations, ensuring liquidity and dependable last-mile delivery.
Colin Marnewecke, MoneyGram’s VP for Africa sales, remarked, “Our shared mission is advancing financial inclusion by meeting customers where they are, whether through cash, mobile, or digital channels, and ensuring the best possible experience at the best price”.
This partnership leverages technology to make secure, instantaneous cross-border transactions a reality.
Tech-driven cross-border payment Innovation
At the heart of this strategic alliance is integrating advanced fintech platforms designed for speed and security. The partnership encourages API-driven interoperability and mobile-first access tailored for emerging markets, streamlining money flow across borders.
Mukuru’s CEO added, “This is a milestone moment for Mukuru and the communities we serve”. By combining their strengths, Mukuru and MoneyGram aim to unlock greater financial access and flexibility for diaspora and local users.
This collaboration is a step toward simplifying cross-border payments through fintech innovation for Africa and its trading partners worldwide.
Mukuru |MoneyGram
Mukuru is a leading next-generation financial services platform that serves over 17 million customers across Africa, Asia, and Europe. With over 100 million transactions processed across 570+ corridors, Mukuru uses technology to offer affordable, accessible financial services online and offline.
Mukuru is an award-winning employer, innovation leader, and a six-time FXC Intelligence Top 100 Cross-Border Payment Company.
MoneyGram makes international money transfers easy, affordable, and safe; it connects the world. Over 50 million people in 200 nations and territories use the company annually. Founded in Dallas, Texas, and located in 36 countries, MoneyGram has won four consecutive Top Workplaces USA awards for its high-performance culture.