By Brian Yatich Equity Bank customers using PayPal are now able to withdraw funds from their PayPal account within three business days with the new improved platform. With the new service, Equity Bank can now process its customers’ withdrawal transactions within 3 business days, down from the previous 8 business days. PayPal, the global online payment platform allows […]
By Brian Yatich Equity Bank has on Wednesday effected their interest rates to 14.5 per cent p.a in line with the new regulation, being the current base rate set and published by the Central Bank of Kenya vide Banking Circular No 4 of 2016 dated 13th September 2016 of 10.5 per cent p.a + 4 per cent. […]
Ajua – previously mSurvey, has partnered with Safaricom’s Spark Venture Fund, in a USD 1 million fund with an objective of accelerating high-potential Kenya-based mobile technology startups. The investment in Ajua marks the second and largest Spark Venture Fund investment, underscoring the fund’s commitment to supporting startups that use mobile technology as an enabler and […]
Econet has previously announced exclusive right deals across a number of premium sporting codes including the premier league, the national basketball association, extreme fighting championship, the national football league among others.
By Brian Yatich Equatorial Commercial Bank (ECB) has on Tuesday officially re-branded to spire bank as it seeks to fast-track its position for future growth. Among its growth strategies the lender says that they are seeking to enhance access to financial inclusion among teachers and Small and Medium Enterprises (SME’s) across the country. Speaking during […]
Regional financial services provider Equity Group is set to introduce its mobile platform Equitel to all markets where the group operates. Speaking to Paris-based special report publisher Marcopolis, the groups Chief Executive, James Mwangi said that the Bank, through Finserve Africa; their mobile virtual network operator (MVNO), is partnering with telecoms in Uganda, Tanzania, Rwanda, […]
Equity Bank has posted Sh5.1 billion in net profit for the first quarter of 2016, representing a 19.4 percent jump the lender registered during a similar period last year. The bank’s total assets grew to Sh430 billion up from Sh372 billion same period in 2015, while deposits stood at Sh300 billion in the period under […]
PesaBazaar.com has launched a Sh 40 million insurance price comparison web portal to the Kenyan market, the service allows consumers to compare premiums and features of similar insurance products and services at a glance. The portal will enable customers to freely and conveniently compare and purchase a wide range of insurance products at the click of a button. […]
National Bank of Kenya (NBK) has won an award from the global Workflow Management Coalition (WfCW), an international organization that tracks global business process automation. NBK received the coveted Global award for excellence in BPM & Workflow which recognizes excellence in automation of workflow and business process management in organizations around the world. Boston based […]
Visa a global payment company has announced its intention to open an office in Côte d’Ivoire to reinforce its position as a leading payments technology company. The expansion plans will help deliver financial services to the unbanked population of two billion people living without access to financial services, this will help facilitate engagement with key […]