Cellulant to run Barclays M-Banking services

Mergers, Acquisitions and Financial Results

Cellulant Kenya has sealed a deal to provide mobile banking services for Barclays Africa across its markets in the continent. In a venture dubbed, ‘One Africa’ Barclays Bank has entered into a deal with Cellulant to offer satisfying customer digital experience.

The services to be revitalised by the communication solutions firm are mobile and Internet banking as well as ATMs across its 12 African countries, by deploying a new unifying platform.

“This digital drive is part of our One Africa strategy to increase channel access for both retail customers and corporate clients.

"For corporate clients, this offers an efficient and cost-effective channel to bill and receive payments from their customers,” said Mr John Gachora, Barclays Africa, corporate banking managing director.

Speaking when he signed the partnership, Mr Gachora, said the move will facilitate the bank’s strategic efforts to provide convenient consumer access solutions.

Cellulant’s chief business officer, Mr Paul Ndichu, said the model will increase Barclays Africa customers activity on its electronic platforms by allowing them to transact with a wide network of businesses across Barclays Africa and Absa Bank network.

The new structure will be rolled out in phases with Cellulant providing a bill payment platform and a mobile network operator e-network to facilitate mobile business solutions.