Zinnovation’s mobile banking

The aptly named Zinnovation is one of hottest start-up technology companies in Zimbabwe at the moment; with a focus on financial services.

The dynamic duo at the helm of Zinnovation: Nigel Daura and Natali Jabangwe.
The dynamic duo at the helm of Zinnovation: Nigel Daura and Natali Jabangwe.

The business is spearheaded by a young dynamic duo: Nigel Daura, the CEO, who relocated to Zimbabwe last year after 11 years in the UK and Natalie Jabangwe, COO, based on both sides of the pond. The two bring to the market a synthesis of experiences – robust in IT infrastructure, internet technologies, software development and a deep-seated experience in financial solutions from a long service background at NCR.

Zinnovation has teamed up with movers and shakers in the industry to deliver Near Field Communication technology through a product called Interact. Interact allows customers to transact on ATM’s, POS devices and slate computers by a simple touch; via NFC enabled mobile phones, or other NFC enabled devices which are linked to a user’s bank account or mobile wallet. The transactions are instant, with immediate authentication. Interact is a result of Zinnovation’s partnership with Absolute systems in South Africa, one of the largest financial solutions company in South Africa.

Zinnovation is currently processing a proof of this concept at the innovative Kingdom Bank.

In their comprehensive arsenal of mobile solutions is Send2ATM; a mobile emittance

solution. With Send2ATM customers can send money to any mobile phone, the recipient can then make a cardless withdrawal at any participating ATM or POS nationwide using a one-time PIN within 15 minutes. This technology can be used by people with or without bank accounts.

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