MAMBOPAY LTD is focused on financial technology with keen interest in driving accountability and financial inclusion. With our digital coupons, vouchers or cards, we eliminate the use of cash in making payments for goods and services since cash is such a big temptation that could easily lead to miss-use of funds. Our coupons are purpose-bound and can only be redeemed for the intended purpose e.g seed coupons can only be used to redeem seeds, fuel coupons can only be used to redeem fuel, school fees vouchers can only be used to pay school fees etc. Current money transfer services focus mainly how secure or how fast they can deliver money from one party to another, but give very little or no regard to ensuring that such monies serve their intended purpose. Therefore, Accountability and Transparency, remain key pain points for digital money users, and thus present opportunities for innovations like MamboPay.
