Africa

ZeeMoney; from Ghana to Barbados

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By Dana Malcolm

Staff Writer

 

#Ghana, February 9, 2022 – Financial Tech has revolutionized the way we do banking, from contactless cards to instant transfers.  The Caribbean has often been just a step behind the rest of the west but with a Ghana based financial company planning to introduce a new mobile wallet to Barbadians, the region might be catching up.

The company called Zeepay is partnering with a Barbadian financial tech company called Global Integrated Fintech solutions (GIFTS) to launch Zeemoney, a mobile wallet that will allow Barbadians to receive remittances from MoneyGram anywhere and transfer funds to other persons using Zeemoney.

“We believe with the expertise we will be able to change and diversify your market significantly and through that process build a playbook that will help us reach the entire Caribbean, starting with Barbados, Guyana, Jamaica, Grenada, Trinidad and Tobago, and then of course, the wider Caribbean,” said Andrew Takyi-Appiah CEO of the Zeepay company.

International money transfer services like PayPal and Zelle have, in the past, skipped over the Caribbean and Latin America preferring to cater to European countries despite the largely untapped remittance market in the Caribbean; so this move is a significant stride.

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