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Telecel Mobile Financial Services has launched FUNDiT in Ghana, a public crowdfunding platform that accepts mobile money and bank card contributions.
Telecel Mobile Financial Services, the fintech arm of Telecel, has launched FUNDiT, a public crowdfunding platform in Ghana.
FUNDiT is designed to help people raise money online for projects and causes. Crowdfunding is when many people each contribute small amounts that add up to fund a goal, similar to a group collection but done digitally.
Telecel says the platform can be used by individuals, informal groups, registered organisations, and businesses. That scope matters in Ghana, where fundraising often happens through communities, churches, schools, and family networks, and where digital payments are now common.
For payments, FUNDiT supports contributions via multiple mobile money networks, bank cards, and other channels. Mobile money is a phone-based wallet that lets users send and receive money without a traditional bank account.
Telecel did not announce a new external funding round alongside the launch.
A public crowdfunding platform tied to a major telecom-backed mobile money operator could make fundraising easier for more people, especially outside major cities. The key value is payment reach. Accepting contributions across several mobile money networks and card rails reduces friction for donors.
For founders and small business operators, platforms like FUNDiT can become an alternative way to validate demand or finance early projects, especially when bank credit is limited or slow.
For Ghana’s fintech ecosystem, FUNDiT is also another example of telecom-led financial services expanding beyond transfers and bill payments into higher-level consumer and SME use cases. Over time, execution will depend on trust, campaign verification, payout speed, dispute handling, and clear fees.
Primary Source: GhanaWeb
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