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Forum => Kenya Discussion => Topic started by: RV Pundit on October 12, 2022, 02:24:22 PM

Title: NCBA to separate core banking with Fintech (Fuliza/Mshwari)
Post by: RV Pundit on October 12, 2022, 02:24:22 PM

https://www.businessdailyafrica.com/bd/corporate/companies/ncba-plans-new-m-shwari-company-from-banking-unit-3981848

Title: Re: NCBA to separate core banking with Fintech (Fuliza/Mshwari)
Post by: patel on October 12, 2022, 02:32:04 PM

All these banks are thieves does not matter how they package or repackage their trash. Kenya consumer is always a looser. Shocked ABSA charged me $15 for using their ATM something Barclay's used to do for $3. Bure kabisa

Title: Re: NCBA to separate core banking with Fintech (Fuliza/Mshwari)
Post by: RV Pundit on October 12, 2022, 02:39:16 PM

I think CBK is moving to FINTECH space - and elbowing out CA - it's no longer Telcom - but now more finance.

Quote from: patel on October 12, 2022, 02:32:04 PM

All these banks are thieves does not matter how they package or repackage their trash. Kenya consumer is always a looser. Shocked ABSA charged me $15 for using their ATM something Barclay's used to do for $3. Bure kabisa

Title: Re: NCBA to separate core banking with Fintech (Fuliza/Mshwari)
Post by: Kadudu on October 12, 2022, 04:41:15 PM

Robbery without violence.

Quote from: patel on October 12, 2022, 02:32:04 PM

All these banks are thieves does not matter how they package or repackage their trash. Kenya consumer is always a looser. Shocked ABSA charged me $15 for using their ATM something Barclay's used to do for $3. Bure kabisa

Title: Re: NCBA to separate core banking with Fintech (Fuliza/Mshwari)
Post by: hk on October 12, 2022, 06:08:44 PM

NCBA spinning off fintech its a smart move for the bank. Basically Gachora is saying NCBA fintech is undervalued. Increasingly Mpesa is being relegated to just a payment and money transfer solution while "fintech" make all the money in the value added services.