">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Friday, January 22, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Mobile

Pesa-gram.com Wants To Help Kenyans in the Diaspora Send Money Back Home Via M-PESA

Milcah Lukhanyu by Milcah Lukhanyu
8 years ago
in Mobile, Startups
8 min read
0
Image:Pesa-gram.com

Pesa-gram.com is a mobile money transfer service, through which Kenyans in the diaspora can send money back home, and have it delivered directly to the recipient’s phone in less than 24hrs. We utilize the already existing mobile money transfer system in Kenya known as M-Pesa. Typically, a client makes an order on our website and provides the recipients mobile phone number in Kenya. We then deliver the money straight to the individual’s phone. This money can then be accessed via M-Pesa.

 

Here is what the founders told us.
When was it launched and where?

We started operations in early October 2012 in Boston, Massachusetts. We also have an office in Nairobi, Kenya.
Who are its founders?

The pesa-gram.com team consists of 4 individuals: Josephat Koima, Susan Yebei, Lawrence Barchok and Lorna Koima.
What inspired them to start it?

We were inspired by the need to offer a cheap, fast and reliable alternative money transfer service. Additionally, we wanted to take advantage of M-Pesa to offer a more affordable option to established transfer services such as Western Union. With Western Union, the transactions fees are high and the recipients have to travel to major towns to withdraw money. This is inconvenient for those living far from the cities. M-Pesa agents, however, are now easily accessible and offer a faster way of receiving money – but locally. Pesa-gram.com now extends the service internationally.
How does it work?

A client visits pesa-gram.com and selects the amount they wish to send. They then either log in or register on the website before proceeding to a check out. As part of the process, the client provides the name and the mobile phone number of the person receiving the money in Kenya. Upon receiving the order, our agents in Kenya immediately send money to the phone number provided by the client. We then notify the user once the order is delivered.

READ  Google+ Gives in to Use of Fake Usernames | Says Sorry For Being Jerks

Related posts

Aerobotics Raises $17 Million Led by Naspers To Scale AI for Agriculture Globally

January 21, 2021
0

Tanzanian money remittance startup NALA is launching in the UK

January 21, 2021
0

Startup Guide to release of Startup Guide Nairobi

January 21, 2021
0

Nokia C1 Plus now available in Kenya for Ksh 9,000

January 21, 2021
0

 

How many users so far?

We are continuing to see a rapidly growing client base. We do not want  to disclose the details for confidentiality purposes but the numbers are encouraging. We have also received hundreds of ‘likes’ on our facebook page (www.facebook.com/PesaGram) within our first 2 months.

 

Competition?

We have competition from the established industry giants such as Moneygram and Western Union.
How unique are you from the competition?

Besides our competitive rates, we offer the convenience of money being delivered to the recipient’s phone. We also deliver orders 7 days a week including holidays, and we will be working full-time throughout the festive season. In the coming weeks, we will be introducing a new feature by which users can send money from their phones in Kenya to people in the diaspora.
Any funding yet?

We are using our own savings at this point, but we are actively positioning ourselves to take advantage of the existing opportunities.
Partnership?

We do not have any partnerships at the moment. The pesa-gram.com team, however, is having ongoing talks with interested parties/investors regarding the possibility of having such collaborations in the future.
Challenges?

We are all recent college graduates and do not yet have significant expertise in business. We are, however, open to ideas and input that will help us grow and improve, and this approach has enabled us to learn tremendously in the few months we have operated. We are thankful for the overwhelming support from our clients.
Future plans or expansion?

READ  BLACKBERRY HEADED FOR GREENER PASTURES.

As a start up in its very early stages, we are definitely looking into broadening not only our customer base, but also diversifying our products and services. For now, our immediate plan is to launch a new feature whereby users in Kenya will be able to send money abroad, via their phones. We have a number of projects lined up, and we will be rolling them out in the months to come.

 

 

Readers 2,142

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Startups

Aerobotics Raises $17 Million Led by Naspers To Scale AI for Agriculture Globally

January 21, 2021
0
Startups

Tanzanian money remittance startup NALA is launching in the UK

January 21, 2021
0
Startups

Startup Guide to release of Startup Guide Nairobi

January 21, 2021
0
Gadgets

Nokia C1 Plus now available in Kenya for Ksh 9,000

January 21, 2021
0
Cheerful young businessman in round spectacles and formal wear, checks newsfeed on modern smart phone, connected to wireless internet, has happy look as recieves positive news from colleagues
Startups

TransUnion partners SA’s financial marketplace, Fincheck, to make the credit application process easier and less frustrating

January 20, 2021
0
Startups

Autochek opens Accra office to bolster its customer acquisition efforts

January 20, 2021
0
Startups

Ghana’s Zeepay raises $940 000 seed capital from GOODsoil VC for expansion

January 20, 2021
0
Education

Nigeria’s uLesson raises $7.5m series A for expansion into Eastern & Southern Africa

January 19, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Aerobotics Raises $17 Million Led by Naspers To Scale AI for Agriculture Globally

January 21, 2021

Tanzanian money remittance startup NALA is launching in the UK

January 21, 2021

Startup Guide to release of Startup Guide Nairobi

January 21, 2021

Nokia C1 Plus now available in Kenya for Ksh 9,000

January 21, 2021
kplc

Kenya Power Rolls Out A Smart Metering Project Across The Country

January 21, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: