Aku
What it does
Aku was established as a mobile-first digital bank designed to serve underbanked communities and informal sector traders. The application provides basic digital account opening, peer-to-peer money transfers, and merchant micro-payment tools via low-bandwidth interfaces. It focuses on expanding last-mile financial inclusion.
Digital / challenger banks (neobanks)Multi-currency accountsDiaspora remittances
Known for
- Inclusive mobile wallet banking
- Low-bandwidth payment interfaces
- Informal merchant cash-in cash-out
- Micro-savings tools
Model & industry
SaaSAll / Cross-industry