Kanacash Launches Liberian-Owned Mobile App and Web Remittance Service

A Liberian-owned mobile transfer App, KanaCash, focused on remittance package for consumers, has been launched in Monrovia.

According to its forbearers, McSwain Forkoh and Spencer Biah, KanaCash is a mobile application innovation that provides the medium for mobile money transactions in a simplest form from America and other western countries and Liberia would be added soon.

KanaCash has met all the requirements to operate in Liberia. It is designed to solve mobile payment needs of sub-Saharan Africa and the diaspora.

Chief Executive Officer, McSwain Forkoh said the new mobile app will provide adequate satisfaction for costumers to transact their businesses.

Forkoh said, “it enables you to send fast and quick money once the app is downloaded. We are excited to bring our headquarters to Liberia and no other country,”

He said, the new app is also intended to, among other things, give the population more options, access and control as well as convenience in the digital financial space of the country.

He said as an international company, they will expand in one-month time to neighboring Sierra Leone and subsequently in a period of one year to additional 11 African countries.

The young Liberian entrepreneur stated that with the passion and desire they have to help make a positive impact in the sector, the company is currently operating in Kenya but will have its headquarters in Liberia, making the number of African countries two. However, he further noted that KanaCash intends to cover 11 sub-Saharan African countries before the end of 2021.

He further maintained that the company will bring huge employment opportunity to Liberians and that they are looking up to training young Liberians. He named training of potential young Liberians to enable them get fully prepared for the sector as well as extending their corporate social responsibility to primary schools and many others as initiatives they intend to venture into.

Forkoh said “Our global customer service and IT support center will be in Monrovia, Liberia and our target is to ensure that we create more jobs for our own people,”

Forkoh assured Liberians that KanaCash has reliable security features that detect and prevent cybercrimes or money laundering activities, as such they must take advantage of the opportunities it provides.

He emphasized the need that Liberians begin to support their own Liberian company in a bid to help empower the population by creating more jobs and expanding the economy.

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