Wizzit
| Company type | Private |
|---|---|
| Industry | Finance |
| Founded | 2004 |
| Headquarters | Sandton, South Africa |
Key people | Brian Richardson (Co-founder and Managing Director), Charles Rowlinson (Co-founder and Chairman) |
| Services | Financial services |
| Owner | Management IFC NACTU Private investors |
Number of employees | >2,000 (2008) |
Wizzit is a provider of basic banking services for the unbanked and underbanked (people or enterprises that have no or only limited access to banking services) in South Africa. Its services are based on the use of mobile phones for accessing bank accounts and conducting transactions, in addition to a Maestro debit card that is issued to all customers upon registration. Wizzit is a branchless banking business, meaning that its services are designed so that customers can generally conduct transactions without the need to visit bank branches.