Equity Bank, PesaLink and NALA Partner to Simplify Remittances to Kenya
PesaLink, NALA, and Equity Bank have partnered to make remittances to Kenya faster and cheaper. Diaspora senders can now deliver money..
✨ Key Highlights
Equity Bank, PesaLink, and NALA have partnered to streamline and simplify remittances for Kenyans living abroad, enabling instant delivery of funds to mobile wallets and bank accounts in Kenya.
- Kenyans in the diaspora remitted $4.94 billion last year, making it a top source of foreign exchange for the country.
- The partnership combines PesaLink's instant payment infrastructure, supporting transfers up to Ksh 999,999 across 80+ institutions, with NALA's global fintech platform and Equity Bank's extensive local network.
- COO of NALA, Nicolai Eddy, highlighted that billions are lost annually to cross-border payment fees, emphasizing the goal to make payments faster, more reliable, and affordable.
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Visa Launches Visa Pay in DRC; Equity Bank Partners for Remittances to Kenya - September 2025
Visa has launched Visa Pay in the Democratic Republic of Congo (DRC), an innovative mobile solution for digital payments and money movement. Announced in Kinshasa on September 5, the service is designed to connect both banked and unbanked consumers. The platform aims to allow users to pay, receive funds, and transfer money across participating banks and mobile networks. In a separate development, Equity Bank, PesaLink, and NALA have formed a partnership to simplify remittances for Kenyans living abroad. This collaboration enables the instant delivery of funds to mobile wallets and bank accounts in Kenya.
