Project Description
IFC will provide advisory services to assist Zoona to develop and roll out a new mobile wallet solution that will allow customers to store and send money. The project is part of the Partnership for Financial Inclusion, a $37.4 million joint initiative of IFC and The MasterCard Foundation to expand microfinance and advance digital financial services in sub-Saharan Africa. Part of Zoona?s unique approach is its commitment to co-developing products with the communities it serves, and this approach will be used for its new mobile wallet product.