Sizanani is a WhatsApp-first stokvel solution

‘Sizanani’ is a Zulu term which means ‘Help each other’. Collaboration is at the centre of everything the company desires to achieve. They partner with like-minded organisations to help users find the best financial products in the market.

Sizanani is one of the first WhatsApp stokvel solution because they believe that technology is fundamentally meant to create value, not apps.

Growing up in a Umlazi township, I witnessed the power of Stokvels, first-hand, when my father was able to purchase a taxi with the money saved from his Stokvel. The history of our country has denied many black people meaningful access to financial services. As a result, our people turned to community savings groups so they could have access to credit, savings, and investment products.

Says CEO & Co-Founder, Makabongwe Gambushe.

At Sizanani Technologies, we are guided by our vision of a truly inclusive economy in South Africa, by creating financial products that speak to the needs of the people. Our flagship product, the WhatsApp Group Banking Chatbot for Stokvels has no transaction fees – encouraging the many blossoming groups in the country to continue doing so and encouraging those who want to start a group, to start. This is the first of its kind product in Africa, a comprehensive chatbot banking solution for Savings Groups throughout the continent and beyond.

He adds.

At Sizanani, we do not use the fanciest technologies. Instead, we invest our time and energy into building solutions which strip away cost-barriers that prevent our people from being exposed to products that will improve their lives. At Sizanani, we pioneer access to financial services and education to markets which have been largely misunderstood and set aside by existing industry players. In doing so, we play our part building a more inclusive and equitable economy.

Says COO & Co-Founder, Sinqobile Mashalaba.

Learn more about Sizanani WhatsApp Group Banking Chatbot for Savings Groups here:

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