Airtel Africa has entered into a partnership with BGFIBank, a financial services institution present in 10 countries, to expand mobile money access to the bank’s customers.
The partnership will see Airtel Money become accessible to BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of Congo and Madagascar.
Through the agreement, Airtel Money customers that are BGFIBank account holders will be able to transfer money between their bank accounts and Airtel Money, check their BGIF account balance, confirm transactions on their BGIF accounts, order cheque books and ATM cards and access bank statements.
“This is a significant milestone for Airtel Africa as we seek to broaden our pan-African footprint for Airtel Money to serve customers better. This partnership is also in line with our goal of making financial services accessible to everyone wherever they are, ensuring financial inclusion in Africa,” said Chidi Okpala, director and Africa head of Airtel Money at Bharti Airtel.
“We have already kicked off the partnership in Gabon, Republic of Congo and the Democratic Republic of Congo and this partnership ensures that we can scale it up for the full benefit of our customers. Plans are underway to ensure Madagascar BGIF customers join the Airtel Money network this quarter.”
Originally Published on Human IPO.