SafeBoda is reportedly working on a Money transfer service
SafeBoda is Uganda’s leading ride-hailing provider in terms of regular trip statistics. While the brand has extended its presence by launching in major African countries like Kenya and Nigeria, Its service catalog has also widened to cater for almost everything a rider would need online
Recently, SafeBoda food became a reality as a service to allows customers order for their favorite dishes in a fashion similar to how rides are requested on the app
With a total of 4 services are currently offered by the Camp including Boda hailing, Food delivery, shipping (delivery), and Cashless transfer on the App, SafeBoda’s attempt in the money transfer league is next on its launch deck
SafeBoda Wallet is the new service currently accessible via a new domain SafeBodaWallet.com offering a waitlist option for customers who wish to have an early taste of the money transfer service.
Once launched, SafeBoda wallet will allow users to send, receive and withdraw money at low transaction rates. This means the service is a direct Fintech product being developed as a Mobile Money alternative
With such a wide catalog of services, will SafeBoda shine or it may follow the failed startups curve? Well, It’s a matter of time to see how the once fulltime Boda hailing camp will groove against its increasing competition lane.