Simba, the upcoming African Fintech company has launched a new card to ease money transfer services for African immigrants in the USA. With transfer of funds free for a Simba-to-Simba card, the African Fintech has taken another giant step in its mission of providing the African immigrant community with access to financial products and services that make it easier to save, support loved ones, and thrive.
The process of obtaining the card includes filling out an application upon downloading the Simba App available at the Apple and Android stores. When approved, the Simba cards are mailed out and can be used for cash transfers, purchases, and withdrawals. The application process includes ample security safeguards that are reassuring to users.
Speaking on the launch of Simba’s card, Simon Tiemtore, Founder of Simba and successful banker said “I wanted to use my banking expertise to respond to the needs of our community. With Simba, we will provide tailor made products to our communities, facilitate the ability to send money to loved ones here in the States and at home. Simba provides both financial services and money transfer at zero cost. With Simba card, our members can have access to affordable banking services, while doing free instant transfer to support their families all in one application.”
Although the core market of Simba is the African diaspora, the card can be used by anyone in the USA. According to the management of Simba, the launching of the card is the first in a series of other products expected to be rolled out progressively in upcoming months. Other key services in gestation include the expansion of the Simba card to other parts of the world notably Europe, Asia, and South America. Currently, Simba money transfer services are available in Algeria, Botswana, Chad, Ghana, Guinea Bissau, Kenya, Libya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, Namibia and Zambia. P Equally nearing completion are plans for the launching of efficient and rapid money transfer services to the rest of the African continent.
As part of the roll out, Simba is also working on plans to step up other programs to improve financial literacy for immigrants, career opportunities, and general tips to ease the stress of the immigrant community as they grapple with challenges and realities away from home.
With Simba, we can say an African lion is born.
Simba was founded by Simon Tiemtore – a West African Immigrant from Burkina Faso. He came to the U.S. in 1998 to pursue higher education and greater opportunities for himself, his family, and his community. He experienced firsthand the many challenges immigrants face on their journey and vowed to one day find better ways of providing financial services to truly meet the needs of immigrants (rather than taking advantage of them & their circumstances).
Supported by a group of passionate individuals, community organizations and partners who all shared his vision, Simba was formed in early 2019. Together with our future customers, we’ve been developing Simba, a company determined to ensure financial services become a pathway towards making the world a more fruitful place – not only for you and your family, but for the communities that have supported your journey both here in the U.S. and abroad.
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