Mcswain Forkoh and Spencer Biah both based in the United States of America, but are now back home, have seen the need to partner in order to bring their innovations together to help contribute their quota to their mother land, Liberia. The two Liberians, with distinct professional focus and goals from a home grown excellence, on Friday, June 18, 2021 officially launched a mobile payment international company called KanaCash. The Liberian kind of way of sending money from the United States of America as in its simplest form is an innovative web and mobile application created by the two Liberians and tailored to the mobile payment needs of sub-Saharan Africa and the diaspora.
It is also intended to, among other things, give the population more options, access and control as well as convenience in the digital financial space of the country. Speaking at the official launching program, the Chief Executive Officer of KanaCash, Mcswain Forkoh, disclosed that they have come to bring more transformations as well as options to the population including the sector, especially as a Liberian owned company. He said as an international company, they will expand in one month’s time to neighboring Sierra Leone and subsequently in a period of one year to additional eleven African Countries.
The young Liberian entrepreneur stated that with the passion and desire they have to help make a positive impact in the sector. The company, currently operating also in Kenya, will have its headquarters in Liberia. “Out IT support center will be in Monrovia, Liberia and our target is to ensure that we create more jobs for our own people,” he said. He bragged that they have one of the best global partners while their products and services are highly secured, fast, reliable and of best international standards. Mr. Forkoh encouraged Liberians to support their owned Liberian company in a bid to help empowerment the population by creating more jobs and expanding the economy.
Speaking of decentralization, the Chief Technology Officer, Spencer Biah, promised that as part of their innovative plans, they will reach out to rural Liberia in order to expand their networks. Mr. Biah named training of potential young Liberians to enable them get fully prepared for the sector as well as extending their corporate social responsibility to primary schools and many others as initiatives they intend to venture into. KanaCash, he stated, is committed to solving the cross border, financial transaction problems across Sub-Saharan Africa including connecting the African diaspora to seamlessly process money transfers.