Family Bank partners with SimbaPay to launch instant money transfers to WeChat

Family Bank has partnered with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat. 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 […]

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Family Bank fires 150 employees, seeks to align its business

Family Bank has laid off 150 employees, a move it says was prompted by the need to align its business to the current operating environment. “We continue with various cost-cutting measures and in that respect, we have undertaken a restructuring programme to resize the support functions at the Head Office in order to achieve meaningful […]

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