Co-op Bank Partners with SimbaPay for Diaspora Remittances

The Co-operative Bank of Kenya has partnered with SimbaPay, a digital money transfer provider, to offer international money transfer services to the bank’s customers in the Diaspora. Co-operative Bank accounts receiving the funds will be credited instantly. The service is currently available for the UK-Kenya remittance corridor only and will be expanded to cover more countries

Safaricom Partner with Skrill to Allow Diaspora to Send Money to M-Pesa accounts

Kenya’s Safaricom is set to sign a deal with Skrill, a US-based remittances and online payment company, allowing Kenyan diaspora to send money directly to M-Pesa accounts. “All you need to send money is the receiver’s full name and an M-Pesa mobile phone number. The money is then instantly deposited directly into their activated mobile