Page 23 - SACCO STAR ISSUE 43
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SACCO INDUSTRY WATCH

                                                                                       The 2015 Banking Awards Winner
                                                                                       Company is listed among 100 top tech
                                                                                       firms in Africa.

                                                                                       The tech firm is also credited for the
                                                                                       successful mobile banking service
                                                                                       provider Spot Cash and prides itself as
                                                                                       the best firm offering ICT solutions to
                                                                                       banks, Micro-financial institutions and
                                                                                       SACCOs.

                                                                                       Gathingu adds that with Spot Cash,
                                                                                       members of various SACCOs and other
                                                                                       micro-finance institutions can access
                                                                                       their account through M-PESA where
                                                                                       they can withdraw, take loans and
                                                                                       deposit money.

Tangazoletu CEO Chris Gathingu during the visit at Kambui School for the deaf          Tangazoletu also offers a platform
                                                                                       dubbed TIBU which is a partnership with
“At times it becomes so difficult to pass a  “Our system is manned 24 hours by         the Ministry of Health where TB patients
message across to the pupils using signs     keen and dedicated staff members who      receive monthly stipends across the
alone but if we introduce visual lessons     can easily detect any instances of fraud  country. Among others services the firm
it will be easier to explain to them what    in the financial institutions and curb    offers are; M-PESA 1 tap, agency banking
they are already seeing as opposed of        it and at the same time send alerts to    systems, credit facilitation among others
trying to paint a picture of something       relevant management about the theft       services.
out of sight,” he noted.                     for immediate action,” he noted.

ICT SOLUTIONS                                Gathingu adds that with the system,
Mr Gathingu, asserts that the company        insider fraud, a popular occurrence
offers ICT solutions which are fully         where ICT officers manipulate records to
secured from both internal and external      steal money from the banking sector is
hackers.                                     mitigated.

From left: Kambui School for the Deaf head teacher Clement Kariuki, the deputy head teacher, Tangazoletu CEO Chris Gathingu and
head of business Esther Gathiru

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