Facebook-linked mobile lender raises Sh200m for M-Pesa loans - Daily Nation
15/09/2017 Link to sourceFacebook-linked mobile lender raises Sh200m for M-Pesa loans Branch says it has disbursed Sh4 billion via mobile money platform M-Pesa since its Kenya launch in April 2015. Centum-owned Nabo Capital was the arranger of the debt facility - using Branch's loan book as collateral. READ: Mobile app lender Branch ... and more »
Context
Kenya Kenya has approximately 25 million mobile subscribers and 10.2 million Internet users. Mobile penetration stands at 63.2 per cent, with the majority using their devices for money transfers and Internet access. | |
Facebook Facebook is a Player operating in USA | |
Mobile money The Mobile Money service category described by Shift Thought™ refers to financial services that provide a stored value account where the customer relationship is not with a bank. | |
Mobile wallet Mobile Wallet service category refers to the use of an account and stored value or e-money associated with a mobile subscriber. | |
Facebook Facebook is a Player operating in USA | |
Facebook Card Facebook has various different payment and financial services initiatives. | |
Facebook Messenger Money Transfer Facebook is to launch P2P Money Transfer from Facebook Messenger, online and via Android smartphones by the end of 2015. | |
Lipa Na M-pesa Lipa Na M-PESA Online is M-PESA's payments solution for online payments. Businesses can now add Lipa Na M-PESA Online as a payment option on their websites. | |
M-pesa Egypt Vodafone, the international mobile phone company, has launched M-Pesa ("mobile money" in Swahili) to reach the 30 million people without a connection to traditional banks | |
M-pesa Lesotho Vodafone, the international mobile phone company, has launched M-Pesa ("mobile money" in Swahili) to reach the 30 million people without a connection to traditional banks | |
M-pesa Mozambique Vodafone, the international mobile phone company, has launched M-Pesa ("mobile money" in Swahili) to reach the 30 million people without a connection to traditional banks | |
M-pesa Romania Vodafone, the international mobile phone company, has launched M-Pesa ("mobile money" in Swahili) to reach the 30 million people without a connection to traditional banks | |
M-PESA - Worldwide Payment via mobile. Mobile Money wallets in countries in Africa and Middle East. Franchise to other developing countries like Afghanistan. Tie-ups for sending money from developed countries direct to wallet. | |
Visa Mobile Money - Kenya Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators. | |
Visa Mobile Money Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators. | |
Mobile Money Mobile money uses ownership of the mobile to extend financial access | |
Aircel ICICI Mobile Money Aircel partnered with ICICI to launch Mobile Money, a prepaid account for Aircel subscribers through which they can transfer funds, pay bills and enjoy other services from their mobile phones. | |
Facebook Payments Facebook has brought out various payment and financial services initiatives over the years in an attempt to capitalise on it's popularity as a social network. | |
M-pesa Vodafone, the international mobile phone company, has launched M-Pesa ("mobile money" in Swahili) to reach the 30 million people without a connection to traditional banks | |
Visa Mobile Money Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators. |