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CBA Loop Sets Record with Money Lending Sum CBA Loop Re brands and Relaunches
Kenya’s largest privately-owned bank the Commercial Bank of Africa has upgraded its mobile application loan offers, to hit a record 3 million shillings. This is the highest loan amount for any Kenyan lender via mobile money. The bank’s Loop program is aimed at young professionals. A demographic under the age of forty, largely called millennials today. As the central bank capped the rising interest rates […]
Safaricom Launches an M-PESA Loyalty Program Safaricom subscribers benefit from mobile money transactions
‘Maisha Ni M-PESA Tu’ is the new campaign Safaricom has launched to reward their customers and M-PESA Agents for using Safaricom mobile money. The new campaign is aimed at customers to encourage an increase in mobile money transactions. The loyalty program works by rewarding each customer 10 points for every one hundred Kenya shillings spent on a transaction. The telecommunication company has included MPESA agents […]
