‍Vault22, a new financial wellness platform, has been launched in South Africa, aiming to enhance the financial fitness of over 200,000 pre-registered and linked account users.

Launched on November 5, 2024, the inclusive wealth management platform Vault22 will offer accessible, affordable, and intelligent solutions to users across Africa, the Middle East, and beyond, creating a positive impact for future generations in some of the world’s most dynamic regions.

The digital solution represents a new era of empowerment, empowering South Africans to enhance their financial knowledge and make their money work harder.

According to IMF data, the wealthiest 20% of South Africans earn over 68% of the country’s employment income at a time when economic inequality is stark. This highlights the pressing need for innovative solutions and prudent money management reforms to address the imbalance.

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