Zeepay CEO Andrew Takyi-Appiah

The Ghana Information Technology and Telecoms Awards have declared Zeepay CEO Andrew Takyi-Appiah the Best Fintech CEO of the Year 2020.

The awards honours the products and diverse innovations that keep the ICT & telecoms sector thriving but also the companies and people who make the industry great. The award was open to all players and stakeholders in the ICT ecosystem.

Zeepay also won the Best Fintech of the Year award, cementing their position as a leading player in the ever expanding financial technology space, the company said.

A rapid metamorphosis

The awards come on the back of outstanding work done by Zeepay, which started as a conduit for major money transfer giants but metamorphosed into a comprehensive financial technology company, Takyi-Appiah said. 

Zeepay undertakes mobile money services, money transfer services straight to mobile wallets across Africa and offers insurance for beneficiaries of money transfer.

Takyi-Appiah applauded the tenacity and hard work of his team for helping transform the company from a small one just five years ago to the top of the fintech industry.

"When we started, the plan was to become the biggest fintech on the continent, deepening financial inclusion with several products and services, but we didn't see it happening so soon. This goes to show that with the right team and dedication, anything can be achieved,” he said.

He added that the award would spur them on to do better. “This is a complete team effort and I am honoured to work with such a visionary board, strategic management team and dedicated staff. To our customers who keep believing in us by constantly using our products and services, we dedicate this award to you too," he said.

Earlier this year Zeepay became the first fintech company to be granted a license to operate a full electronic money Issuer service in Ghana, otherwise known as mobile money by the Bank of Ghana. The service now allows Zeepay’s subscribers to operate the full bouquet of mobile money services such as cash In, cash out, peer-to-peer transfers, payments and digital termination of remittances (DTR).

Since the issuance of the licence the company has launched its services which allows customers to register remotely without needing to visit a branch and begin sending and receiving money, paying bills, buying airtime and undertaking any financial transactions any other mobile money service allows you.

The company has partnered over 100,000 mobile money agents across the country to help the platform's users cash out money or load their wallets with cash.

Zeepay's subscribers can also undertake seamless remittances, purchase micro insurance, auto insurance, mortgage remit, airtime top-up, bill payment and pension collections via partnerships the company has formed with several institutions in insurance, money transfer, pensions and banks.

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