Our Mission

According to the World Bank today there are 1.7 billion adults globally who remain unbanked, with 66% of the population in Sub Sahara Africa alone, who do not have access to any form of financial services. Technology, and in particular the mobile phone, is playing a pivotal role in reducing the global number of unbanked. However, expensive transaction costs, legacy payment rails and the slow movement of money remain barriers to meeting the World Bank Group goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals.

At Xago it is our mission to accelerate financial inclusion by harnessing the combined reach and access of mobile with the security, speed and low cost of blockchain technology. 

In Africa we have an opportunity to rethink the way money works, how it flows, how we interact with it and what it costs.

Xago is a transformational platform that bypasses traditional payment rails, reducing both friction and transaction costs making a compelling case for efficient, low-cost transactions in both the retail and remittance industries.  We believe that both industries combined with the power of the mobile phone and the right technology hold immense opportunity to provide consumers, particularly unbanked consumers, with secure, fast, low-cost financial services.

Executive Team

Xago’s executive team consists of serial entrepreneurs and technologists who all have extensive experience in disruptive technologies, particularly in the payments space. Our experience has now translated into a product which we believe will fundamentally change the financial services industry.

Mark Chirnside

Chairman and Co-Founder

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Jurgen Kuhnel

CEO and Co-Founder

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Sonya Kuhnel

COO and Co-Founder

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Grant Pidwell


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Debra Roodt


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