Kamba - Your digital wallet
Kamba is a Fintech startup founded in 2017, offering an electronic money account where users can add money and make payments without the need for a traditional bank account. The mobile platform provides a convenient and cost-effective alternative to the traditional Angolan banking system, with no commissions or fees.
The digital wallet provided by Kamba allows users to add money and make payments without being charged any commission or fees, making it suitable for online purchases, physical stores, or service payments. Additionally, users can easily add money to their digital wallet through the mobile application, with the balance available within 48 business hours, at zero commission.
Key advantages include the ability to send or receive money with just a few clicks using only a phone number, without exposing personal data like IBAN. Additionally, users can earn points and commissions for various transactions, such as balance top-ups and purchases, further enhancing the attractiveness of the platform.
Although Kamba offers numerous benefits akin to a bank, it operates as a bank account without the associated costs, conditions, minimum balances, or mandatory monetary transfers. The company is planning to introduce additional features such as GiftCards, Kamba QR, and Kamba Link to further enhance its services.
Kamba presents an innovative approach to banking, providing users with a modern and convenient platform for their financial needs. With its focus on mobile accessibility, cost efficiency, and user rewards, it represents a compelling option for individuals seeking a viable alternative to traditional banking in Angola.
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