Family Bank Nominated For Africa’s Most Prestigious Banking Awards

Family Bank Remit has been nominated for the African Banker Award 2019 for Banking Innovation.

Family Bank Remit is an innovative solution for transferring money through the PesaPap mobile application, which provides a convenient, instant and straightforward transfer of reliable money transfer from Kenya to the rest of the world.

In 2018, Family Bank Remit partnered with Simba Pay’s WeChat to provide an affordable channel for money transfer to suppliers and business partners in China.

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The most prestigious event in Africa’s banking and finance sector, The African Banker Awards, is held Under the High Patronage of the African Development Bank.

The annual event, which takes place during the annual meeting of the African Development Bank, highlights the achievements of companies and individuals that contribute to the transformation and development of Africa’s financial sector.

The theme of the award is to recognize 400 personalities and banks that are driving Africa’s rapidly transforming financial sector.

The African Banker Awards bring together industry leaders from Africa and the world. They celebrate the achievements of those who are driving growth and development and creating new economic opportunities for citizens and communities all over the continent and inspire new generations of bankers who are shaping Africa’s future.

In July 2018, Family Bank redesigned the PesaPap mobile application, becoming the first full-service mobile banking application on the market, offering an incredible user interface, improved performance and a flawless customer experience, giving consumers instant loan repayments and on vanilla banking services such as bank account transfers and mobile wallets, bill payments, purchase of airtime, scheduled payments, including PesaLink Other. Within three months of its launch, PesaPap outperformed the Ksh 500 million mark on loans paid to both customers and non-customers.
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The annual African Banker Awards are renowned accolades in the African banking and financial sector designed to recognize the reforms, rapid modernization, consolidation, integration, and expansion of the African banking and financial system. The award ceremony will take place on June 11, 2019 in Malabo, Equatorial Guinea.

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Other nominated banks include the Kenya African Bank of the Year and the Social Responsible Bank of the Year and KCB Kenya for Best Retail Bank in Africa, Social Responsible Bank of the Year and Banking Category Innovation.

 

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