Why Kenya's Equity Bank Felt It Had to Become a Telco – Reluctantly

Masai Mobile Banking Success. By Jay Bendixen

In April 2014, the Communications Commission of Kenya licensed three companies with Mobile Virtual Network Operator (MVNO) licences. MVNOs ride on the communications infrastructure of existing mobile network operators to provide services to end users. Equity Bank, the largest bank in Kenya, has received one of these licenses and will be using SIM overlay technology to allow additional functionality to operate independently of the SIM itself. In this blog, Ignacio Mas and John Staley explain Equity Bank’s decision to become an MVNO.

Read more: Why Equity Bank Felt It Had to Become a Telco – Reluctantly | CGAP.

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