@h.musariri, at Zazu, we are a building a bank for Africa’s future. That means we are not a bank just yet. But we are working on becoming one. It’s going to be entirely smartphone based and not have any physical branches.
Zazu is a debit card that comes with a smartphone and USSD app. The app is your financial control centre. Some of the things you will be able to do include opening a bank account in 2 minutes from your phone. If you want to make a deposit, you can do it via your nearest authorised outlet, instead of going to a branch. If you want to pay for any bills, you can do it via the Zazu app or just by opening your phone’s camera. And because we are building a bank of the future, as soon as money goes in or out of your account, you will immediately get push notifications telling you about account activity and your up to date account balance. Imagine an account smart enough to automatically categorise your expenses and give you advice on how you can save more money this month.
We have some more exciting features, but as a summary, this is what Zazu does and how it works.