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StokFella
Information by Research Trustfinance
StokFella is a South African FinTech company founded to digitize and formalize the country's multi-billion rand stokvel market. A stokvel is a traditional group savings and investment scheme. The StokFella application provides a platform for these groups to manage their finances with improved administration, governance, and transparency. It allows members to track contributions, manage payments, maintain records, and access financial products, thereby empowering communities to save and invest collectively in a secure and convenient digital environment.
South Africa
Industry
Financial
HQ Location