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Telecel Ghana launches crowdfunding platform – Fundit

in Business
Telecel Ghana launches crowdfunding platform – Fundit
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Telecel Mobile Financial Services, operators of Telecel Cash, has launched FUNDiT, a secure crowdfunding platform designed to help individuals, groups and organizations raise funds for various projects and causes.

Managing Director for Telecel Cash and Digital Transformation, Philip Amoateng, said FUNDiT was developed as part of the company’s broader focus on creating crowdfunding solutions for everyday challenges for individuals, groups and organisations. “Our goal with FUNDiT is to make crowdfunding seamless and hassle-free. Beyond that, it’s a platform that guarantees your money is secure. FUNDiT creates a space where every contribution, no matter its size, has the power to make a meaningful difference. It transforms individual acts of support into collective impact,” he said.

“The FUNDiT platform is built on Trust, Transparency, and Technology. Every social cause is verified. We demand proof; medical reports, school letters, community leader endorsement, photos, and videos. For organisations such as NGOs, all projects go through a 2-step vetting process, business registration verification and founder KYC using Ghana Card.” He added.

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FUNDiT, the first platform of its kind hosted by a mobile financial services company in Ghana, is open to everyone, regardless of their mobile network or location. Beyond social and community causes, the platform can facilitate fundraising for a range of needs, from alumni and family contributions to weddings, funerals, parties, community projects, and corporate social responsibility campaigns.  Contributions can be made from all mobile money networks, including Telecel Cash, as well as through bank cards and other available payment channels, both locally and internationally.

Dr. Ellen Ohene-Afoakwa, Managing Executive for Corporate and Investment Banking at Absa Bank, FUNDiT’s banking partner, expressed excitement about the potential impact the platform will have on individuals, organisations and communities across Ghana, and emphasized the bank’s commitment to developing innovative solutions.

“For Absa, this partnership reflects our belief in the power of collective action, where communities come together to support meaningful ideas, initiatives and projects. At Absa Bank Ghana, we remain committed to working with our partners to develop innovative solutions that expand access, empower people and foster inclusive communities” she said.

AppsNmobile Solutions, the platform development partner for FUNDit, is a Ghanaian fintech based in Accra licensed by the Bank of Ghana as an enhanced payment service provider. Speaking on behalf of the company, Ken Arthur, Sales Manager said, “For us at AppsNmobile, this is more than just a technical integration. It about using technology to make it easier for people to support individuals, families, organisations and causes that matter to them.”

FUNDiT is now available to the public, with individuals, groups, businesses and organisations able to create campaigns or support causes through fundit.telecel.com.gh

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