Introduction
Financial technology startup Moya Money has undergone a significant transformation, unveiling a revamped website and updated product offerings tailored to the unique needs of freelancers and small businesses.
Founders' Vision
Launched in March 2021 by Thulani Masebenza and Sabica Pardesi, both 25 at the time, Moya Money was born out of their firsthand experience as freelancers. With a passion for modern financial solutions, the co-founders set out to address the challenges faced by independent workers.
Recognition and Milestones
Despite its relatively short existence, Moya Money has already made waves in the fintech industry. The startup secured its first angel investor soon after its inception and earned a coveted spot in the Tenity global fintech incubator program in Spain, marking a significant achievement as the first South African startup to be admitted.
Breakthrough Achievements in 2023
The year 2023 proved to be pivotal for Moya Money, with a string of accolades both locally and internationally:
- In February, Moya Money was selected as one of 29 African startups for the prestigious MultiChoice Africa Accelerator program.
- In April, the startup caught the attention of Amazon Web Services (AWS) and was chosen as one of 25 startups for its inaugural African fintech accelerator.
- In June, co-founder Thulani Masebenza was honored with a M&G top 200 South African award, recognizing his contributions to the fintech sector.
- In July, Moya Money secured a significant investment from The World Bank, cementing its position as one of the top African fintech innovators.
Unique Value Proposition
What sets Moya Money apart is its unwavering focus on empowering freelancer independence while fostering collaboration between independent workers and businesses. The app streamlines invoicing and payouts, empowering users to track income and make well-informed financial decisions.
Commitment to User-Centered Design
The relaunch of Moya Money's website and product exemplifies its dedication to user-centered design principles. With a blend of modern aesthetics and simplicity, the app reflects the co-founders' commitment to delivering an intuitive and user-friendly experience.
Invitation to Join
As Moya Money continues its journey to revolutionize financial management for freelancers and businesses, it extends an invitation to interested users to join the waitlist for its upcoming app release, promising a transformative solution to their financial needs.