• About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
Tuesday, May 24, 2022
Mufudza Online
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Finance
  • Inspiration
  • Lifestyle
  • Motoring
  • News
  • Technology
  • Sports
Mufudza Online
  • Home
  • Business
  • Entertainment
  • Finance
  • Inspiration
  • Lifestyle
  • Motoring
  • News
  • Technology
  • Sports
No Result
View All Result
Mufudza Online
No Result
View All Result
Home Inspiration

How a Zimbabwean-born businesswoman became one of the UK’s wealthiest black woman

by Mufudza Online
June 11, 2021
in Inspiration
Reading Time: 2 mins read
valerie moran
0
SHARES
9
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Valerie Moran was born into a five-child family. Her parents were successful entrepreneurs in Zimbabwe, where she was born. Her mother worked as a beautician, while her father ran a school uniform factory, a bakery, and a real estate investment firm.

Several of her uncles and aunts were university professors and deans, in addition to her parents being businesspeople. Her family placed a strong emphasis on education. She studied COBOL/Fortran/C (programming languages) in college and went on to become a skilled Systems Analyst. Valerie traveled to London since there was no work for a Woman-In-Tech in Zimbabwe, she stated in an interview with Anne Marie Ruby.

In 2008, she and her husband Noel Moran co-founded Prepaid Financial Services (PFS), a financial technology company. They control 81.5 percent of the company together as a couple. Valerie is the sole shareholder in the company, with a 16.3 percent ownership.

After quitting her paid job, she became the firm’s first employee, acting as its Implementation Project Manager. She was successful in putting the organization on the worldwide map of Regulated Financial Services. Her company is now one of the best-managed fintech companies in the world, with a 10-year track record of profitability.

RelatedPosts

patrick juene

This real estate mogul acquired 30 properties before his 30th birthday and sold them for $30 million

Ndidi Obi

Check out this Black Designer’s Luxury Handbag and Accessory Line

Bogolo Joy Kenewendo

Meet The Beautiful Former Botswana Minister of Investment, Trade and Industry

akon city

Check out Akon’s Wakanda-Inspired $6 Billion Akon City in Senegal

When Zimbabwe slid into recession in 2003, Valerie relocated to London. She and her husband, Noel, now reside in Ireland. According to the Sunday Times Rich List 2020, they are worth a combined $278 million. Valerie was the first and only Black woman to make The Sunday Times’ annual Rich List, which lists Britain’s super-wealthy, in 2019.

PFS was founded by Valerie and her husband at a kitchen table in London. PFS lost $43,000 in its first year of business. They also tried and failed to raise funds in a variety of methods. They had to rely on their savings to keep the business afloat. They eventually got a major client and relocated to Hanover Square in London.

According to the Irish Times, the company had a $9.8 million profit in 2018.

The firm has also received numerous accolades. HRH Queen Elizabeth II and the British Government presented it with the Queen’s Award for Enterprise: International Trade 2017. The couple also won the European Business Awards’ Business of the Year Award in September 2019.

Her lengthy hours correspond to her work philosophy of listening, learning, and taking criticisms. Valerie advises young entrepreneurs who wish to follow in her footsteps to give it their all in whatever they do.

Related Posts

patrick juene
Inspiration

This real estate mogul acquired 30 properties before his 30th birthday and sold them for $30 million

Ndidi Obi
Inspiration

Check out this Black Designer’s Luxury Handbag and Accessory Line

Bogolo Joy Kenewendo
Inspiration

Meet The Beautiful Former Botswana Minister of Investment, Trade and Industry

akon city
Inspiration

Check out Akon’s Wakanda-Inspired $6 Billion Akon City in Senegal

Meet the 16-year-old Haley Taylor Schlitz Accepted to 9 Law Schools
Inspiration

Meet the 16-year-old Haley Taylor Schlitz Accepted to 9 Law Schools

Jordan Kinyera
Inspiration

Inspiring story of Ugandan Man who became a Lawyer to claim Father’s land taken over 23 years before

No Result
View All Result

Top Posts

  • Trending
  • Comments
  • Latest
capitec ewallet

Capitec eWallet

pep loans

PEP Loans

nedbank send imali

Nedbank Send-iMali

Pep Money Transfer

PEPmoney – Send and receive money with PEP Money Transfer

Here’s an insight on Trevor Noah’s siblings Andrew Shingange and Isaac Shingange

Here’s an insight on Trevor Noah’s siblings Andrew Shingange and Isaac Shingange

0
linda ikeji

Linda Ikeji Nigeria’s Top Blogger

0
livestock wealth

Livestock Wealth is Africa’s Next Big Investment Opportunity

0
build stronger credit history

How to Build a Strong Credit History

0
Here’s an insight on Trevor Noah’s siblings Andrew Shingange and Isaac Shingange

Here’s an insight on Trevor Noah’s siblings Andrew Shingange and Isaac Shingange

Black Coffee shows off his fancy home transformation in Joburg

Black Coffee shows off his fancy home transformation in Joburg

A gold-plated Rolls-Royce Phantom being used as a first class taxi

A gold-plated Rolls-Royce Phantom being used as a first class taxi

A sneak-peek on DJ Maphorisa’s wealth

A sneak-peek on DJ Maphorisa’s wealth




  • capitec ewallet

    Capitec eWallet

    0 shares
    Share 0 Tweet 0
  • PEP Loans

    0 shares
    Share 0 Tweet 0
  • Nedbank Send-iMali

    0 shares
    Share 0 Tweet 0
  • PEPmoney – Send and receive money with PEP Money Transfer

    0 shares
    Share 0 Tweet 0
  • 10 Highest Paid Players in the South African PSL in 2021

    0 shares
    Share 0 Tweet 0







Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 455 other subscribers

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Finance
  • Inspiration
  • Lifestyle
  • Motoring
  • News
  • Technology
  • Sports

© 2021 | Mufudza Online

This website uses cookies and asks your personal data to enhance your browsing experience.
Ok, I agree Privacy Policy