Banking the unbanked: With 11 million Kenyans having access to a mobile phone, and only approximately 4.5 million banked, the new solution offers an avenue to push forward the access frontier in Kenya. This effort will bring more Kenyans into banking solutions. 3.
Beyond banking; financial solution: This banking solution will allow for the use of a mobile phone to perform various other services beyond funds transfer. Customers will be able to pay for services, manage their accounts, provide airtime top-ups and execute other service requests. 4.