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Wallets/ecocash

EcoCash

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Overview

EcoCash is Zimbabwean mobile money + Cassava Smartech ZSE: CSZL Econet Wireless Zimbabwe subsidiary + Strive Masiyiwa Zimbabwean billionaire founder + Zimbabwe's largest mobile money platform by users + transactions + ~10M+ EcoCash users 1, Zimbabwe report.

History

Sep 29 2011 — EcoCash launched by Cassava Smartech Econet Wireless Zimbabwe subsidiary as Zimbabwean mobile money distinctive Zimbabwean mobile money heritage.

Jul 2 2018 — Cassava Smartech ZSE listing under ticker CSZL.

Ownership & operator

Operating entity: EcoCash (Zimbabwean mobile money; Cassava Smartech parent).

Major shareholders: Cassava Smartech (ZSE: CSZL; Econet Wireless Zimbabwe subsidiary; Strive Masiyiwa Zimbabwean billionaire founder).

Regulators: RBZ Reserve Bank of Zimbabwe + Postal and Telecommunications Regulatory Authority of Zimbabwe POTRAZ.

Technical integration

EcoCash mobile app (iOS + Android; ~10M+ EcoCash users) + ecocash.co.zw online + EcoCash Visa + Mastercard prepaid card + EcoCash retail agent network across Zimbabwe + EcoCash SIM-based USSD Mobile Money for unbanked Zimbabweans; ZW IBAN + Zimswitch + EcoCash QR.

Implementations & partners

Cassava Smartech parent: Cassava Smartech (Cassava Smartech; ZSE: CSZL; Econet Wireless Zimbabwe subsidiary; Strive Masiyiwa Zimbabwean billionaire founder).

Major African mobile money + payments competitors: M-Pesa (M-PESA; Safaricom + Vodacom + Vodafone African mobile money; Kenya's largest mobile money platform; ~60M+ users across 8 African countries) + MTN Mobile Money (MTN Mobile Money MoMo; MTN Group African mobile money; Africa's largest mobile money network by users; ~75M+ MTN MoMo users across 16 African countries) + Airtel Money (Airtel Money Africa; Bharti Airtel Africa mobile money operations across 14 African countries; ~33M+ African customers) + Orange Money (Orange Money; Orange African mobile money) + telebirr (Telebirr Ethio Telecom Ethiopian mobile money; ~45M+ Ethiopian users) + Mukuru (Mukuru African remittance) + Standard Bank (Standard Bank South Africa; JSE: SBK; Africa's largest banking group by assets) + FNB Banking App (First National Bank) (FNB South Africa; FirstRand Group; South Africa's largest banking group + 12M+ customers + eWallet pioneer).

Regulators: RBZ Reserve Bank of Zimbabwe + Postal and Telecommunications Regulatory Authority of Zimbabwe POTRAZ.

Status

Active, Zimbabwean mobile money + Cassava Smartech ZSE:CSZL Econet Wireless Zimbabwe subsidiary + Strive Masiyiwa Zimbabwean billionaire founder + Zimbabwe's largest mobile money platform by users + transactions + ~10M+ EcoCash users 1, 2.

Sources

Source

Biography extracted from ecocash.md. See matrix.md for standards-support matrix if present.

source · content/wallets/ecocash/index.md