Mazzuma
A Ghanaian mobile-payments ecosystem using artificial intelligence and blockchain technologies to support digital transactions, payments, and remittances.
Last updated August 31, 2026
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Overview
Mazzuma is a Ghanaian fintech brand headquartered in Accra. Founded in 2015 by Kofi Genfi and Nii Osae Dade, it operates a mobile-payments ecosystem designed to facilitate digital transactions, payments, and the receipt of remittances. The platform is described as combining mobile financial services with artificial intelligence and blockchain capabilities, placing it within Ghana's broader digital-finance and financial-inclusion landscape. The service has been used by more than 300,000 customers, according to the available reference material. Its reported use cases include making payments and receiving remittances. Mazzuma has also developed an application programming interface that enables e-commerce stores and software developers to integrate payment functionality into their own systems. This API-oriented approach extends the brand beyond a consumer-facing mobile application and positions it as infrastructure for digital commerce. Mazzuma's partnership network has included MTN Ghana, Vodafone, AirtelTigo, the United Nations Development Programme, RemitONE, Ghana's National Entrepreneurship and Innovation Plan, and Crypto Valley. These relationships indicate activity across telecommunications, international-remittance infrastructure, public or development-sector entrepreneurship programs, and blockchain-related networks. The available material does not specify the commercial terms, duration, or current status of each partnership. The company's founders were named in Forbes Africa's 30 Under 30 Technology category in 2018. This recognition helped associate Mazzuma with Ghana's emerging technology and startup sector, although it does not by itself establish the company's financial performance or valuation. No reliable information is provided in the reference material about revenue, funding, profitability, ownership, listing status, or a current executive roster. Mazzuma's stated technological proposition is to use artificial intelligence and blockchain to support a mobile-payments ecosystem. The available sources do not explain the precise artificial-intelligence models, blockchain network, token structure, custody arrangements, or regulatory permissions involved. Accordingly, Mazzuma is best characterized on the available evidence as a Ghana-based digital-payments and fintech platform with consumer, remittance, and API integration capabilities, rather than as a conventional bank or a purely blockchain-native business.
History
Mazzuma was established in Ghana in 2015 by Kofi Genfi and Nii Osae Dade. From its base in Accra, the company developed a mobile-payments ecosystem intended to support digital transactions and remittance-related use cases. The platform's stated technology model combines mobile payments with artificial intelligence and blockchain, reflecting the founders' positioning of the business within Ghana's developing technology and financial-services sectors. The company expanded its proposition beyond a standalone consumer service through an application programming interface. The API allowed e-commerce stores and developers to connect their systems to Mazzuma, giving the platform a role in digital-commerce payment acceptance as well as direct mobile transactions. The available source material does not provide technical documentation, pricing information, or a complete account of the developers and merchants connected through the API. Mazzuma's reported partnership ecosystem has included major Ghanaian telecommunications operators MTN Ghana, Vodafone, and AirtelTigo. It has also been associated with RemitONE, the United Nations Development Programme, Ghana's National Entrepreneurship and Innovation Plan, and Crypto Valley. These relationships span telecom distribution, remittance technology, development initiatives, entrepreneurship support, and blockchain networks. The sources do not establish whether all of these relationships remain active. By the time covered by the available reference material, more than 300,000 customers were reported to use Mazzuma to make payments and receive remittances. The source does not state the relevant measurement date or define whether the figure represents registered users, active customers, or cumulative users. It also does not provide transaction volume, revenue, funding, valuation, or profitability figures. In 2018, founders Kofi Genfi and Nii Osae Dade were named in Forbes Africa's 30 Under 30 Technology category. The recognition placed the founders and Mazzuma within the profile of Africa's emerging technology companies. Beyond that recognition, the available material contains limited information about later product launches, regulatory developments, corporate ownership, executive changes, or geographic expansion. Mazzuma is therefore documented most clearly as an Accra-based Ghanaian mobile-payments and fintech brand with consumer, remittance, and API capabilities.
Products and positioning
A Ghanaian fintech platform positioned around accessible mobile payments, remittances, and payment infrastructure for digital commerce, with artificial intelligence and blockchain presented as enabling technologies.
Mobile payments and remittances · 2015
Mazzuma mobile-payments ecosystem
Mazzuma's core ecosystem supports digital payments and the receipt of remittances through mobile-oriented financial services. It is described as using artificial intelligence and blockchain technologies to facilitate transactions. The available material does not specify the full range of supported payment instruments, currencies, fees, or regulatory arrangements.
Payment infrastructure
Mazzuma API
Mazzuma provides an application programming interface that enables e-commerce stores and software developers to integrate payment functionality into their systems. The API broadens the brand's role from a consumer payments service to a potential payments-infrastructure provider. Publicly available material does not document its technical specifications, pricing, supported platforms, or current integration base.
Sources1 sources
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