In Ghana Airtel partners with Fidelity Bank to launch mobile lending platform

The platform is a nano loan scheme that offers access to financial services enabling customers to borrow money instantly from the Airtel Money wallet anytime, anywhere.

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Airtel Nigeria is one of the leading telecoms operators in Nigeria play

Airtel Nigeria is one of the leading telecoms operators in Nigeria

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Reports coming out of Ghana reveal that telecommunications company, Airtel, has announced a partnership with Fidelity Bank, and Tiaxa - a nano credit company, to launch a new platform called Airtel Money Bosea.

Fidelity Bank play

Fidelity Bank

(dailytimes)

 

The platform is a nano loan scheme that offers access to financial services enabling customers to borrow money instantly from the Airtel Money wallet anytime, anywhere.

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The partnership seeks to provide small loans to Ghanaians, both in and outside the banking system.

A man trades U.S. dollars for Ghanaian cedis at a currency exchange office in Accra, Ghana, June 15, 2015. REUTERS/Francis Kokoroko play A man trades U.S. dollars for Ghanaian cedis at a currency exchange office in Accra, Ghana, June 15, 2015. REUTERS/Francis Kokoroko

 

They also hope to open up the space in Mobile Commerce and fundamentally change the way Ghanaians interact with their mobile wallets.

It will be interesting to see how this goes.

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