Equitel, the innovative mobile virtual network operator (MVNO) by Finserve, has taken a significant step in bridging Kenya’s digital divide by launching 5G services in key locations across the country. This exciting development, rolled out in collaboration with Airtel Kenya as their host mobile network operator, promises to revolutionize connectivity for thousands of Kenyans.
Broadening Horizons with 5G:
Equitel’s 5G network currently covers over 370 locations, encompassing major cities like Mombasa, Nakuru, Nairobi, and Kisumu, as well as various towns like Athi River, Kakamega, Siaya, Eldoret, and Bungoma. This initial footprint ensures that a substantial portion of the population can experience the benefits of hyper-fast internet speeds. The partnership with Airtel further paves the way for expansion into densely populated areas, including residential neighborhoods, shopping centers, and central business districts, ensuring wider accessibility in the near future.
Unlocking the Power of 5G:
To tap into the potential of Equitel’s 5G network, users simply need a 5G-capable device paired with a 4G LTE SIM card. For those still relying on 3G technology, switching to a 4G LTE SIM card is a seamless process, requiring a visit to their nearest Equity branch. This streamlined access ensures a smooth transition for existing customers and paves the way for new users to join the 5G revolution.
Beyond Connectivity: A Convergence of Services:
Equitel goes beyond offering just mobile network services. Founded by Finserve Holdings and powered by Airtel Kenya’s infrastructure, Equitel provides a unique platform that seamlessly integrates mobile telephony with essential banking services. This user-friendly platform allows customers to not only call, browse, and send texts, but also perform a variety of financial transactions, including:
- Saving and transferring money
- Applying for loans
- Paying for goods and services
Finserve: A Broader Ecosystem for Financial Inclusion:
The launch of Equitel’s 5G services is just one element of Finserve’s comprehensive approach towards financial inclusion. Through its broader offerings, Finserve acts as a facilitator, providing:
- API integrations: This technology allows Finserve to connect with various ecosystems in sectors like financial services, commerce, agriculture, and telecommunications. This fosters seamless management of liquidity, payments, and online transactions for various stakeholders.
- Jenga API: This innovative platform empowers businesses and tech developers across East and Central Africa to integrate various financial functionalities like money transfers, payments, banking, and insurance directly into their mobile apps, websites, and other systems.
- Jenga Payment Gateway: This platform allows businesses to receive payments from a diverse range of channels, including popular credit cards, debit cards, and regional payment methods, facilitating secure and convenient e-commerce and mobile commerce transaction
Equitel’s 5G launch, coupled with Finserve’s broader ecosystem of financial solutions, paints a promising picture for Kenya’s digital future. By empowering individuals and businesses with enhanced connectivity, streamlined financial services, and innovative financial tools, Equitel and Finserve are working together to bridge the digital divide and propel Kenya towards a more inclusive and connected future.