#ukheshe

Prins Mhlanga Ocean on 76 20 November 2018 Photograph: John Hogg The Ocean on 76 Group makes inroads into digital banking Ukheshe, a digital fintech platform provider, has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. Since launching two years ago, Ukheshe has established itself as a leading payment technology specialist successfully collaborating with several blue-chip payment brands. The appointment of Mhlanga comes at a time when the company has refocused on the B2B sector and is streamlining its payment solution services. Clayton Hayward, co-founder of Ukheshe says the company is excited to have Ocean on 76 on board: “Prins will add immense value to the business as a shareholder as well as playing a vital role in driving the company’s transformation strategy in becoming the dominant B2B fintech enabler across the continent.” Hayward says that the 076 Group invested in Ukheshe at inception and has been actively involved in growing the company as a seed investor to where it is today, a more mature business aiming to reach unicorn status within the next three years: “We have raised just under R100m in less than two years and acquired three companies within this period. Ukheshe has a strong legacy in enterprise platform delivery in banking and telco sectors, making it a great fit for the Ocean on 76 Group. Read the full article

Through an extended partnership with Mastercard and Nedbank, Ukheshe Technologies the payments platform specialist, has launched its Third-Party Processing Services (TPP) in South Africa. This latest announcement by the fintech specialist gives everyday businesses access to prepaid and virtual cards, which were typically only available to large enterprises. Clayton Hayward, CEO, Ukheshe says that through Ukheshe’s innovative payment solutions, businesses in South Africa can now issue virtual prepaid cards to employees or customers. Providing recipients with improved financial freedom where they have the option to earn rewards, incentives and have a secure card that can work anywhere in South Africa, while building brand association. Related Post: Fundi Zwane launches her debut fragrance range, CAMAGUTrace X Gauteng Film Commission Filmmakers Competition Back For Fourth EditionComfort Yummy For The Tummy Ukheshe will leverage Mastercard Processing, which enables it to launch secure prepaid payments programmes to its customers with greater speed, flexibility and convenience. Through this new relationship, prepaid products will be processed through Mastercard's platform which represents the latest in state-of-the-art processing solutions, with safety and security as top priorities. The platform helps businesses quickly expand their payments portfolios across business channels efficiently and with minimal infrastructure investment. Read the full article

MME digital banking platform provider, Ukheshe, has announced that it is a finalist in the Ecobank Group’s 2020 Ecobank Fintech Challenge. In its third edition, the programme is designed to deepen collaboration between Ecobank and fintechs with Africa focused products. Ukheshe is one of three South African businesses in the top 10 finalists out of a pool of 600 fintech entries. uKheshe Clayton Hayward, CEO of Ukheshe, says that its selection as a finalist will assist the company to further drive its objectives of addressing the growing challenge of Africa’s unbanked: “We are delighted to be identified as a fintech with a platform that can assist in unlocking the potential of Africa through financial inclusion. Through the Challenge, we can take our platform further, addressing the unserved and underbanked in several more countries and even across continents.” The 10 finalist Fintechs from seven different countries will participate in an online finale scheduled for August 21, 2020. These will be live streamed across the globe and will provide Ukheshe with an opportunity to exhibit and showcase its payment platform to Ecobank’s investment and technology teams. Hayward will also pitch to a panel of judges for the Ecobank Africa Fintech Prize - awarded to the top team and two runners-up. In addition to the fellowship program, the three top teams will also win cash prizes worth US$10,000, US$7,000 and US$5,000 respectively. Read the full article

Ukheshe, a SMME focused digital banking platform, has launched a Track and Trace service using its existing payment ecosystem to assist consumers to manage any possible risk factors in level three lockdown. Clayton Hayward, CEO and co-founder, Ukheshe, says that Covid-19 is a concern for all citizens and in addition to making the platform free for grant disbursements, Ukheshe wanted to assist in other ways: “We created a track and trace solution to assist consumers to keep updated on infection rates and if they have been compromised.” READ ALSO: Dancing in a Digital Space – JOMBA calls for Fringe Applications for 2020 edition As a registered user, by simply checking-in, using the Ukheshe app or via Whatsapp at any business displaying the company’s Masterpass QR code, you will be updated on any Covid-19 infections. For new users without a smartphone, Ukheshe can be accessed by using a USSD code. “If any infections are reported, the track and trace solution will enable the relevant venue to immediately contact anyone that has visited the location: “Our payment platform is a perfect solution to keep consumers updated and to help fight to flatten the curve,” says Hayward. The Ukheshe App is free, user friendly and easy to download for anyone needing to transact without a bank account. Android: https://play.google.com/store/apps/details?id=guru.jini.ukheshe&hl=en_ZA iOS: https://itunes.apple.com/us/app/ukheshe/id1350353337 For more formation visit www.ukheshe.co.za Read the full article