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Sasai Fintech

Pan-African fintech platform delivering mobile payments, remittances, and microinsurance to underserved markets

Specialty Solutions Growth Bootstrapped
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Overview

Sasai Fintech is a pan-African financial technology platform and business unit of Cassava Technologies that delivers digital payments, mobile money, remittances, and microinsurance to underserved populations across Africa. The company operates across multiple verticals including mobile wallets, cross-border payments, and its insurtech brand SasaiSure, which offers affordable funeral, motor vehicle, health, and education insurance products for low-income and previously unbanked consumers.

SasaiSure's microinsurance products are distributed via mobile technology, allowing customers to register and pay premiums by phone without requiring traditional banking infrastructure. The platform uses modular white-label architecture that integrates with telecommunications providers and financial institutions, enabling broad reach across African markets through existing mobile network relationships.

Sasai Fintech has established partnerships with major financial institutions including Ecobank, Nedbank, and Standard Bank, as well as telecoms MTN, Safaricom, and Econet. Payment network partnerships with Visa and Mastercard, and insurance underwriting partnerships with Hollard International and Micro Ensure, underpin its product offering. In 2026, Sasai Fintech launched an international money transfer service in partnership with Western Union.

Products & Services

SasaiSure Microinsurance

Mass-market affordable insurance products delivered through mobile channels, targeting previously unbanked and low-income populations across Africa.

Key Features

  • Funeral cover, motor vehicle insurance, health coverage, and education insurance
  • Mobile registration and premium payment -- no bank account required
  • Underwritten by Hollard International and Micro Ensure

Target Users: Low-income and unbanked consumers in EMEA markets

Sasai App

White-labeled social payments super app combining payments, social engagement, and commerce in a single modular platform.

Key Features

  • Mobile money wallet with white-label capability
  • Social payments and commerce features
  • Scalable, modular architecture for carrier and telco partners

Target Users: Mobile consumers, telecommunications providers, financial institutions

Remittance as a Service

End-to-end cross-border payments infrastructure for licensed money transfer operations across African corridors.

Key Features

  • Licensing and compliance support for cross-border corridors
  • Settlement network across multiple African markets
  • Free remittance corridors in partnership with Airtel Money and others

Target Users: Banks, telcos, money transfer operators

Digital Payment Solutions

PCI DSS-compliant payment processing platform with real-time tracking for merchants and financial institutions.

Key Features

  • Real-time transaction tracking
  • PCI DSS compliance for cardholder data
  • Third-party integrations (Fiserv, DPO, PAX)

Target Users: Merchants, banks, SMEs

At a Glance

Founded
2021
Headquarters
Bryanston, South Africa
Employees
51-200
Funding
Bootstrapped

Category & Focus

Category
Specialty Solutions
Subcategories
Microinsurance Embedded Insurance Mobile Insurance
Insurance Verticals
Life & Annuity P&C Personal Health
Target Customers
Consumers

Customers

  • Ecobank
  • Nedbank
  • Standard Bank
  • MTN
  • Safaricom
  • Econet
  • Visa
  • Mastercard
  • Western Union
  • Hollard International
  • Micro Ensure

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Last updated: 2026-05-18