Moya Money relaunches as financial app for freelancers and businesses

Financial technology startup Moya Money has relaunched with a new website and updated product offering aimed at freelancers and small businesses.

Founded in March 2021 by Thulani Masebenza and Sabica Pardesi, both 25 at the time, Moya Money brings a modern sensibility to financial software. As former freelancers themselves, the South Africa- and UK-based co-founders designed Moya Money specifically to serve the needs of independent workers.

The startup has already gained recognition in the fintech sphere. Shortly after launching, Moya Money secured its first angel investor and was selected for the Tenity global fintech incubator program in Spain, making it the first South African startup admitted.

2023 was a breakthrough year for Moya Money, with accolades both in Africa and abroad:

• In February, Moya Money was picked as one of 29 African startups for the MultiChoice Africa Accelerator program.
• In April, Amazon Web Services (AWS) chose Moya as one of 25 startups for its inaugural African fintech accelerator.
• In June, co-founder Thulani Masebenza received a M&G top 200 South African award.
• In July, Moya Money secured a major investment from The World Bank as one of 10 selected African fintechs.

What makes Moya Money unique is its focus on enabling freelancer independence while facilitating collaboration between workers and businesses. The app aims to streamline invoicing and payouts, allowing users to better track income and make informed financial decisions.

“We wanted to solve a problem we had experienced ourselves,” said COO Sabica Pardesi. “Our ambition is to impact a million people by leading and influencing our community.”

Moya Money’s updated website and product relaunch demonstrate a commitment to user-centered design. The app reflects co-founders’ love of modern aesthetics while emphasising simplicity.

As Moya Money continues its mission to transform financial management for freelancers and businesses, it invites interested users to join the waitlist for its upcoming app release.

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