Mukuru evolves into a neobank with new South African account and card

Mukuru has officially transitioned from a specialized remittance provider to a full-service digital bank in South Africa with the launch of the Mukuru Account and Card. The new offering upgrades its standard prepaid service, allowing users to manage everyday banking, receive salaries, and execute cross-border money transfers from a single platform. Strategic Ecosystem Partnerships The infrastructure powering the new account relies on a consortium of specialized financial and technology partners: