Squared Financial to push ahead in emerging markets by naming Vusi Thembekwayo Chairman of the Supervisory Board Committee


Following successful expansion into emerging markets clients from a Cyprus base, Squared Financial will expand on the ground with a particular focus on Sub-Saharan Africa.

Philippe Ghanem, CEO, comments: “We already opened offices in Lagos in December. I am pleased Vusi is happy to take on this role and it underlines our ambitions in the region”.

Squared Financial intends to provide a mobile brokerage/payments solution to retail clients, such importantly combined with on and offline education.

“The combination of education and fintech is important for development. To do so on a cost efficient, easy to access basis is what, in my opinion, is required and appeals to aspirational youth” comments Vusi Thembekwayo, “and fits into the objectives I have been pursuing with MyGrowth.”

Ongoing initiatives will make the company launch in Kenya and South Africa.