InnBucks is money transfer service regulated by Zimbabwean laws and owned by InnBucks MicroBank.[1] Its primary purpose is providing remittances transfer services to the general public.[2][3][4]

InnBucks, remittance company

Background

It was formulated as loyalty program by Simbisa Brands, it later on expanded into remittances platform before it was banned by Reserve Bank of Zimbabwe. It came back some time later as a licensed product after Simbisa Brands acquired Ndoro micro-finance and renamed it, to InnBucks MicroBank Limited.

Competitors

References

  1. ↑ Moyo, Lily (2023-03-16). "Innbucks: Here Is All You Need To Know About The Simbisa Brands Mobile Online Payment Service App". Zimbabwe Profiles. Retrieved 2023-12-02.
  2. ↑ Sengere, Leonard (2023-04-28). "InnBucks now giving loans, here is everything you need to know about them". Techzim. Retrieved 2023-12-02.
  3. ↑ "Zimbabwe's InnBucks Gets Green Light to Resume Services - NextBillion". nextbillion.net. Retrieved 2023-12-02.
  4. ↑ "How Zimbabwe's biggest fast-food company became a popular fintech solution". Rest of World. 2023-09-05. Retrieved 2023-12-02.
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