Mobile virtual network operator Finserve on Monday launched mKey, Africa’s first keyboard app.The innovative app launched by Finserve which is a subsidiary of Equity Group Holdings is the first ever to converge social, and financial services into an integrated lifestyle. In addition to providing these services, mKey rewards users the more they transact. According to […]
Equity Group Holdings, Kenya’s second-largest bank, is spinning off its tech subsidiary into a commercial entity, dubbed Finserve. Finserve has been the inspiration for a string of digital and mobile banking innovations at the bank over the past four years, from the launch of Equitel, the Group’s mobile virtual network operator, to tie ups with […]
Equity Group Holdings’ financial technology unit is in discussions with six Ethiopian banks to collaborate on cross-border mobile payments and e-commerce, reports Bloomberg. Finserve Africa, a wholly owned subsidiary of Kenya’s biggest lender by market value, is targeting remittances from 3 million Ethiopians living outside the country, MD Jack Ngare said. Many African nations are […]
Picture: ISTOCK Nairobi — Equity Group Holdings’s financial technology unit is in discussions with six Ethiopian banks to collaborate on cross-border mobile payments and e-commerce. Finserve Africa, a wholly owned subsidiary of Kenya’s biggest lender by market value, is targeting remittances from 3-million Ethiopians living outside the country, MD Jack Ngare said in an interview […]
Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. As noted in Insurance Business America , U.S. insurance giant Travelers (which operates in commercial property and personal insurance) has taken a majority stake in Canadian FinTech Zensurance , which in turn offers a platform […]
Nairobi — Equity Group Holdings has spun off its fintech arm to a subsidiary that will independent operations and its own Board. Finserve Africa, which runs Equitel, will operate as an autonomous commercial enterprise providing solutions not just for Equity Group, but to other organizations. While launching Finserve, Equity Group CEO and Managing Director Dr. […]
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