Mama Money Revenue and Competitors

The World's First Social Business Money Transfer Operator. A company that provides a safe, easy, and low-cost way for migrants to send money home to their loved ones. Rather than looking at profit-maximisation, let's see how we can directly assist people who don't earn a lot. Mama Money is designed to help migrant workers, who left their home and their community in search of better opportunity, contribute better and more directly to their families survival and development. The money sent home is mostly used for food, medicine, housing and children's education. Therefore, if less money gets stuck with the money transfer operator, more money arrives in the pockets of people who really need it. Its really that simple: Lower money transfer fees will lead to better nutrition, better health care, better accommodation and ultimately, a brighter future. People often ask, why we called it Mama Money? Well, firstly a lot of people send money to their Mama. Secondly, we are busy expanding into other financial services, and the Mama is the backbone of the African economy. Hence, Mama Money… While our social business ethics forms our core identity, our technology forms the basis of our operations. We are a tech company, providing a service that people really need. It's not a luxury product like video games or rating shoe designs on the internet. Mama Money uses the advances in modern technology to provide a purposeful and low-cost money transfer solution. In light of our global humanitarian and financial crises, let's leave greed behind us. Lets use the human, financial and technology resources we have to create a better world.