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Migration of 1.9M legacy profiles, 4000+ active merchants and complete decommissioning of a legacy core.
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🇿🇦 South Africa Cross-border remittance · 2021 – present
A SARB-licensed remittance service, on Veengu, in seven months.
A South African fintech with a SARB money-transfer license partnered with Veengu in January 2021 and launched in August 2021 — then kept expanding. Today: 500K+ users, 30+ destination countries, 250+ corridors, MTN partnership, prepaid card issuing, and a 1000-strong agent network.
Time to launch
7 months
Jan → Aug 2021
Users
500K+
individuals served
Corridors
250+
across 30+ countries
Agents
1,000+
active in network
Remittance corridors
One sender. Thirty destination countries.
Customers in South Africa send to thirty destination countries across the continent. Each corridor blends card and wallet ingestion in ZAR with cash-deposit fallback at partner retail networks, and payouts via local banks, mobile-money operators, agent networks, and international aggregators.
Roadmap
From a single corridor to a continental network
Integrations
From compliance rails to payout corridors
SARB
SARB & Forex
Regulatory reporting in real time
MTN
MTN South Africa
Telecom partnership for distribution
KYC
KYC + AML stack
OCR · face liveness · AML screening · address validation
PSP
Payout aggregators
Local banks, mobile money, agents, international PSPs
CRD
Card issuing
Prepaid card flexibility for fund usage
CSH
Retail cash-in
Cash deposits via partner retail networks
AGT
Agent network
1000+ sales agents with commission management
API
Open APIs
Customer integrations on a maintained surface
Outcomes
What the partnership has delivered
More case studies
Other deployments on Veengu
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