Branch Loan app has announced that it will launch Branch Wallet, a feature that introduces various financial services.
Branch Wallet will be available to all users of Branch from 1st March 2021. This means that all your Branch loans will be disbursed to your Branch Wallet.
Branch Wallet comes with some of the features offered by bank mobile apps like transferring money to Mpesa, Mpesa PayBills, buying airtime, etc.
On February 8th, 2022, we had shared the news of Branch International Limited acquiring Century Microfinance Bank. The acquisition gives Branch the opportunity to expand the financial services that it offers to its users in Kenya.
Branch Wallet is the first of the many features that we are likely to see Branch introduce after the acquisition of Century Microfinance as it seeks to become a full-service digital bank.