SimbaPay establishes digital link between Kenya and China

7 December 2018

Money Transfer

A recently formed digital economic link is the implementation of African start-up SimbaPay launching Kenya and China instant payment service.

Kenya’s Family Bank and London-based financial technology firm SimbaPay have launched an instant money transfer service from Kenya to China through WeChat – a service that will help boost Kenya-China trade.

Over seven million customers and businesses in Kenya will now access SimbaPay’s international money transfer service to send money to China’s WeChat Pay from Family Bank’s PesaPap mobile banking application and USSD service. Non-customers too will enjoy the service via a dedicated PayBill number 261059 on MPESA.

Source: ITNews Africa