EcoCash

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, zw-cro].

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-app]] (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

• 1 EcoCash — official
• 2 EcoCash — Wikipedia
• zw-cro In-corpus: reports/countries/ZW-zimbabwe.md

Source

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