Prospa
Country: South Africa
City: Cape Town
Stage: rev
Industry: Financial Services: Fin Tech
Prospa is a mobile savings wallet for the 10 million low-income earning South Africans that makes saving money as easy as buying a voucher.
Low and infrequent incomes are popular among the majority of employed South Africans. Existing formal savings don't cater this.
Prospa allows saving from as little as R5 by allowing users to conveniently buy prepaid savings vouchers in their settlement.