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Ching-Ching Money Villagers' bank

Cover image of Ching-Ching Money, Banking venture on VC4A

Ching-Ching Money converts traditional retail outlets in the rural areas into the digital ATM’s for the new era while closing the digital gap and financial inclusion. Ching-Ching Money is an innovative automatic teller machine (ATM) capable of delivering full digital banking via retail outlets to remote rural areas beyond the business reach of conventional ATMs. Instead of dispensing cash, Ching-Ching Money’s ATM issues a slip that can be cashed at a retailer’s till, crediting the retailer’s account and thus lowering the risk and cost of holding additional cash in the shop.

We are introducing a way to help the Villagers manage their money more conveniently and bank better, without having to travel to the nearest mall/town.

Sectors Banking, Financial services
Location Midrand, South Africa
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