Canada-based neobank Be Mobile Africa has announced its official launch in South Africa with a mission to make banking accessible to the unbanked and underbanked in the country.
It also offers low to no-fee banking products through its mobile app.
The company further claims that customers will be able to transfer and request money from anyone in the Be Mobile Africa network instantly and at no cost, and to exchange currencies with low foreign exchange fees.
The company’s mobile app is available for Android and iOS devices and the company plans to launch a B2B offering in the near future.