Moneyac is an online financial wellness platform that facilitates an awareness of credit health and rehabilitation of over-indebted individuals. This is done by empowering them with tools to help them get informed, empowered and navigate their way out of debt.
Moneyac is a joint initiative between InfoByte Technologies and Seed of Prosperity in addressing a prevalent issue amongst the South African public, that being over-indebtedness. The issue stems from a general lack of knowledge and education about credit health.Through digitization and increasing access to mobile phones, the majority of people can be accessed and thus afforded help.
This is is just one of few projects that highlight the values shared by the two companies, that is empowering people with knowledge and addressing many of the challenges around financial exclusion.