Virtual Space is a company specialized in ICT consultancy and software development ,with headquarters based in Lusaka,Zambia
Virtual Space developed a mobile money transfer platform called MANGWEE. Mangwee is a product regulated and designated by the Central Bank of Zambia as of 15 Feb 2018.
Zambia is a country with over 16.9 million people and has recorded and increase in mobile subscribers who now stand at 12 million mobile subscribers.Zambia has experienced a low financial inclusion rate of about 43%.
Mangwee aims at propelling Zambia to a cashless economy and increase the rate of financial inclusion through provision of a cheap mobile money transfer platform, Through a simple fast and secure platform so that people can save and spend money electronically.People are be able to perform transactions through a network of Agents doted countrywide.
Mangwee launched 1st May 2018 and milestones 350 Agents have been trained country wide and we are currently operating in 28 sites.
Sectors | Remittance |
Location | Lusaka, Zambia |
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