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Free Financial Advice in Tanzania

In another development in Tanzania, a startup fintech, Mipango, has launched an artificial intelligence-based app that provides users with free financial advice on iOS and Android devices. Mipango is a personal finance mobile application that enables users to manage their income, expenses, savings, financial targets and budgets, and access relevant investment opportunities. The app, which uses AI to guide users to better financial management, is available in Swahili, and aims to empower users with financial education. Mipango is targeting one million app downloads within 12 months, and will be introducing a raft of new products over that time, including a budget tracker and net-worth calculator.

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Alastair Tempest

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