Your phone number is your wallet.

Send, receive, and store money instantly via WhatsApp, SMS or USSD — and hold digital dollars, rands and digital assets in one wallet.
No bank account. No smartphone required. No friction.

Open customer app Open business app

Instant settlementWorks on any phoneNear-zero feesMulti-currency wallet

Mandla Money wallet overview showing XLM, XRP, RLUSD and USDC balances with Send, Receive, Deposit, Withdraw and Swap actions

The wallet

One wallet. Many currencies.

Hold digital dollars, rands and digital assets side by side — then send, receive, swap or cash out whenever you need to. Use it on WhatsApp or in the Mandla apps.

Multi-currency balances

Hold digital dollars, rands and digital assets side by side, with a live balance for every currency.

Send in seconds

Pay any Mandla phone number or Mandla ID instantly — no bank details, no delays.

Deposit & withdraw

Move funds in and out of your wallet with a deposit address for every asset you hold.

Swap currencies

Convert between supported currencies at a transparent rate, straight from your wallet.

Cash in, cash out

Buy or sell digital dollars at partner agent locations and turn your balance into cash.

Saved recipients

Keep the people and groups you pay most often ready to go — no re-typing numbers.

Verified & protected

Tiered identity verification, MFA and passkeys, and ongoing transaction monitoring.

Track everything

A full transaction history with statuses and proof of payment, plus support in-app or on WhatsApp.

Supported today

XLMStellarXRPXRP LedgerRLUSDRipple USDUSDCDigital dollarUSDTDigital dollarZARUDigital randZARSouth African Rand

Open the customer app

How it works

Your phone number is your wallet.

Send money instantly. Any phone. Any network.

Step 01

Message Mandla

Send "Hi" on WhatsApp or dial USSD

No app needed. No downloads.

Step 02

Your number becomes your wallet

Get set up in seconds using just your phone number

No forms. No complexity.

Step 03

Send and receive instantly

Move money locally or across borders in seconds

Fast, simple, available 24/7.

Why Mandla Money

Financial infrastructure designed for how money actually moves

Built for people, not banks

No app downloads. No data required. Works on any phone.

Built for scale

Instant settlement and near-zero fees.

Borderless by default

Send money across countries as easily as a message.

Multi-currency by design

Hold digital dollars, rands and digital assets in a single wallet.

Cash in, cash out

Turn your balance into cash at partner agents, or top up in seconds.

Monitored end to end

Identity verification, sanctions screening and travel-rule reporting on every transfer.

Personal

For individuals

Send money home. Pay bills. Get paid.

Multi-currency wallet
Peer-to-peer transfers
Cross-border remittances
Swap between currencies
Cash in & cash out
Airtime & electricity

Or open the customer app

Business

For organisations

Disburse funds at scale.

Bulk payouts
Payee groups & CSV import
NGO disbursements
Payroll
Team roles & permissions
API integrations

Open business app Explore Business Solutions

Licensed & Regulated

Regulated, licensed, and built for the lastmile.

FSCA Licensed

Crypto Asset Service Provider (CASP)

Financial Services Provider — FSP No. 55523. Mandla Money is licensed by the Financial Sector Conduct Authority (FSCA).

FIC Registered

Accountable Institution

Registration No. 76060. Registered with the Financial Intelligence Centre (FIC) as an Accountable Institution.

Risk-Based AML/CTF Programme

Compliance built in

Customer due diligence, sanctions screening, and ongoing transaction monitoring in accordance with South African regulatory requirements.

Travel Rule Ready

Screening on every transfer

Sanctions and PEP screening, high-risk country controls, and originator/beneficiary information captured on transfers in line with FIC Directive 9 of 2024.

Frequently Asked Questions

You use Mandla Money through WhatsApp, SMS, or USSD. This means you can:

Send money like a message
Receive funds instantly to your phone number
Use financial services without downloading an app

Your phone number becomes your wallet.

Simply send a message saying "Hi" on WhatsApp to:

+27 60 930 5221

Or open the customer app at customer.mandlamoney.com.

Follow the prompts to create your wallet in minutes.

Yes. Mandla Money is a fully licensed financial services provider (FSP 55523), Crypto Asset Service Provider (CASP), and FIC-registered entity (76060). We follow strict regulatory and security standards.

Funds are held in secure systems, and stablecoins are backed by underlying reserves, ensuring transparency and reliability.

Receiving money is free
Sending to another Mandla wallet is free
Swapping between currencies carries a small fee, shown before you confirm

There are no hidden charges or high remittance fees.

You can move money out of your Mandla wallet in a few ways:

Send to any wallet address: withdraw your balance to your own wallet or exchange account
Cash out at a partner agent: turn your balance into cash through our cash-out network, available in 170+ countries

Bank transfer (EFT) withdrawals are coming soon.

View all FAQs

Recognition

Ripple Foundation

Grant

$50,000

Schmidt Futures

Reimagine Award

$25,000

XRPL Commons

Residency

Aquarium incubator programme

Ripple / XRPL

Hackathon Winner

Creating Real World Impact Hackathon

In the News

Highlights from Mandla Money

October 08, 2025

Reimagining mobile money via stablecoins and WhatsApp

After a successful trip to Singapore this year, University of Cape Town (UCT) student Julian Kanjere is excited about the potential of stablecoins to advance financial inclusion.

December 15, 2022

Mandla Money at Apex Developer Conference in Las Vegas

At Apex Developer Summit, Mandla Money showcased transacting in low-tech environments using SMS wallets.

December 14, 2022

Mandla Money wins XRPL Creating Real World Impact Hackathon

Mandla Money won Best Social Justice Use Case in Ripple's XRPL hackathon for its SMS wallet.

December 14, 2020

Ripple Impact Award for Mandla Money in London

Mandla Money received a UBRI Impact Award in London for advancing financial inclusion with XRPL.

January 2022

Mandla Money awarded XRPL Grant to Advance Financial Inclusion

Mandla Money received an XRPL grant to expand and harden its SMS wallet for emerging markets.

Start using Mandla Money today

Join thousands of people sending money instantly.

Customer app Business app

No app. No bank account. Works on any phone.