Table of contents

Digital banking
Being banked is a fundamental requirement for Financial Inclusion. MyBucks has fast-tracked its strategic intention to bank clients, through the
acquisition of four deposit taking institutions*.
This allows us to service a wider market, catering for clients
who do not have access to traditional banking facilities at
lower cost.
Our technology infrastructure allows our clients to interact
with our virtual banking platform, which offers products like
savings accounts, mobile transactions and transactional
cards, at any time and any place and enables our clients’
access to banking facilities, thus servicing our clients’ life
cycle holistically and conveniently. We believe that banking
clients through the use of our technology platform enable
us to better understand our clients’ needs, based on
their spending habits and transaction history, allowing
us to manage our clients’ requirements, whilst allowing
* Acquisition of Opportunity International Savings and Loan ( Ghana) and Opportunity International Bank Malawi, are pending regulatory approval.
Opportunity Kenya Limited, Opportunity Tanzania Limited, Opportunity Bank Mozambique acquired 1 July 2016.
Opportunity Bank of Uganda acquired 1 October 2016.
for improvement of their risk-scoring criteria, collections
efficiency and overall customer management. In future, this
may be expanded to an even broader variety of banking
products and services, and particularly, the possibility of
making remittances.
Corporate social responsibility
Corporate social responsibility (CSR) is of great
significance to MyBucks. We firmly believe in the
principles of CSR and they are intertwined with the
values of our company.
In the year under review, we are especially proud our
southern hemisphere Winter Warmer campaigns that
we ran across the African continent bringing warmth —
both literally and metaphorically — to underprivileged
communities.
In addition, we have continued our focus this year on
the largest tool that we have to make a positive change:
Education.
South Africa
MyBucks South Africa ran a social project on Facebook
to help us share the winter warmth. For every share that
the winter warmer campaign post received on Facebook,
MyBucks contributed funds towards the campaign.
Last year, we started our CSR “Adopt a School” campaign
in Botswana. Its success paved the way for additional
countries to initiate similar campaigns. Not only is this
something we believe we need to be doing, but it is
something we want to be doing, and we expect this
programme to expand even further in the next
financial year.
We managed to help the children at Leeupoort Primary
School in Limpopo on Nelson Mandela Day, 18 July 2016.
"Revolution is all about change for the better. Not only are we revolutionising the FinTech space in
terms of our digital technology that empowers people, but we also focus on uplifting people in the
communities where we operate through our corporate social responsibility initiatives."
Dave van Niekerk
Founder and CEO, MyBucks
| Introduction | Business Overview | Corporate Governance | Financial Statements | Other |
MyBucks Annual Report 2016 52
53 MyBucks Annual Report 2016