Instant international money transfer service SimbaPay
has today launched UK to Kenya noney tranfers at zero charges, allowing users in the UK to send cash to their loved ones with ease to their banks or their mobile money wallets.
SimbaPay, founded by Ex-BrighterMonday Sagini Onyancha who exited on the first round at an disclosed sum and brother Nyasinga Onyancha had last week launched the service in Nigeria. They are launching in the next African country in a few days and their target is to cover the whole continent. This could be probably Ghana or Tanzania or Uganda or maybe even in the US but keep it TechMoran, you haven’t seen anything kid!
With friends and partners like Chase Bank, Family Bank and M-PESA and Mastercard, SimbaPay saysit never stores customer data on its servers and your credit card is secure.
“We never store credit or debit card data on our servers. SimbaPay uses advanced security technology and partners with leading global security companies to ensure security of your data and transactions,” says SimbaPay, an EU regulated Payment Institution and also a member of the Association of UK Payment Institutions (AUKPI). In Kenya, the first partners SimbaPay is working with include Chase Bank, Family Bank and Safaricom M-Pesa.
During its launch of UK to Nigeria remittance services, Nyasinga, who is the company CEO said,“We’re excited by the launch into Africa’s largest economy. It’s awesome to be eliminitating high money transfer fees for Nigerians in the UK who are sending money to their loved ones.”
For Kenya SimbaPay says it’s giving £10 cash back on every sender’s first transfer of £1 and free money transfers from £10 – £5,000 with guaranteed instant Payout to a recipient’s M-Pesa or Bank Account. The only thing they need from you now is to go and download their iOS
app as everything, including identification is done in-app.