NEW: Old Mutual enters mobile money space …launches fintech business with O’mari

24 May, 2023 - 12:05 0 Views
NEW: Old Mutual enters mobile money space  …launches fintech business with O’mari

The Sunday Mail

 

Online Reporter

OLD Mutual Zimbabwe – through Old Mutual Digital Services – has launched O’mari, a business that will provide mobile money services, insurtech, investech, digital lending, e-commerce, payments, and digital products and services for the retail mass market.

Some of the products under O’mari include the O’mari mobile wallet, O’mari FoodCare, O’mari SchoolCare and O’mari HealthCare.

The O’mari mobile wallet is an interoperable mobile money solution that allows customers to register on all three networks in Zimbabwe, that is, Econet, NetOne or Telecel using a USSD short code.

Speaking at the launch of O’mari, Old Mutual Zimbabwe Limited group chief executive officer Mr Sam Matsekete, said:

“The solutions we are introducing to the market are customer first solutions that are meant to sustain, grow and protect our customers.”

O’mari managing director, Mr Arthur Matsaudza, said:

“The insurtech and nano lending solutions that we have launched in addition to the wallet consider the everyday needs of our customers, we have designed solutions that are simplified, affordable and accessible, solutions that drive real social impact”.

According to Old Mutual, O’mari customers will be able to send money to any bank or mobile wallet, buy airtime for any network, make merchant and bill payments for billers such as Old Mutual, Zesa, TelOne and Liquid Home, among others.

Customers can cash in and cash out US dollars at major retail outlets across the country.

 

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