Mamamoney

South Africa

Updated: Mar 20, 2026

Company Overview & Analysis

Mama Money is a rapidly growing, innovative, tech company and the world’s first Social Business Money Transfer Operator. Mama provides an easy, safe and low-cost way for foreign nationals to send money home to support their families. Our mobile application is easy-to-use and allows our customers to send money to their loved ones through a vast payout network that's continuously expanding. Rather than looking at profit-maximisation, Mama aims to directly assist people who don’t earn a lot by lowering the cost of cross-border payments. Mama Money was built to help African and Asian expats who left their homes and communities in search of better opportunities. Social upliftment through financial inclusion is the core belief of Mama Money and this drives us to keep growing and innovating.

Services

Asset Management

International Money Transfers

Supported Industries

Automotive

Business services

Charities

Currency exchange

Ewallets

Health and beauty

Insurance

Lodging accommodations

Luxury Goods & Jewelry

Online education

Retail, non-specialised

Webservices

Serviceable Regions

North-West Europe

Rest of African countries

South-Central Asia

South-East Europe

Accepted Payment Methods

Deposit

MasterCard

Withdrawal

MasterCard

Platform Features

Payment Channels

Mobile payments

Official Resources

Website

mamamoney.co.za

mamamoney

Supported Card Networks

MasterCard