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Kenya’s Faulu Bank turns digital to bolster market share

Kenya’s Faulu Bank turns digital to bolster market share

  • Faulu Bank, a microfinance firm in Kenya, unveils a digital platform for real time cash transfer between banks and their clients.  
  • It complements its recent innovations such as the Faulu DigiCash App, and the tap-and-pay digital cards.
  • The bank has so far invested over $1.42 million in digitizing services. 

Kenya’s Faulu Bank has unveiled a new banking solution offering large enterprises and corporations seamless, real-time, and cost-effective transfers between banks and their corporate clients.

The solution is one of the digital offerings Faulu Bank is rolling out this year as it turns into a digital-first lender.

Faulu Bank’s DigiCash App

It complements its recent innovations such as the Faulu DigiCash App, and the tap-and-pay digital cards that allow users to transact on the go.

With the introduction of the Host-to-Host solution, Faulu Bank has so far invested over $1.42 million in digitizing services.

Speaking during the official launch of the …

The post Kenya’s Faulu Bank turns digital to bolster market share appeared first on The Exchange.

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