ShapeShifter

New app StokFella to tap into R49 billion per year stokvel market

(Click here to read "Learn more about the massive - and growing - stokvel and burial industries".)

Ray White interviewed Tshepo Moloi, founder and CEO of StokFella, a firm aiming to simplify the running of stokvels, on “The Money Show” as part of the weekly “ShapeShifter” feature.

StokFella’s app simplifies recordkeeping, planning meetings and governance of stokvels.

There are about 800 000 stokvels in South Africa that collectively save about R49 billion per year.

Our dream is to provide every ordinary, hardworking citizen an opportunity to pursue financial freedom.

Tshepo Moloi, founder of StokFella

Listen to the audio below for more detail.

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Article brought to us by Old Mutual.

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