Choice Bank and Safaricom PLC have announced a landmark partnership designed to enhance international remittance services in Kenya. Through this collaboration, Choice Bank will leverage Safaricom’s established and secure remittance payment infrastructure to enable last-mile payouts to mobile wallets—fully regulated by the Central Bank of Kenya. This initiative signifies a major step forward in delivering seamless, API-driven banking and payment solutions across Africa.
The integration simplifies remittance flows for both global and local partners, allowing remittance providers and fintechs to reach Kenyan customers directly and securely. By plugging into Safaricom’s expansive mobile wallet network, Choice Bank opens an efficient gateway for funds moving into Kenya—reducing settlement time and operational friction for inbound transfers.
This strategic move underscores both organisations’ commitment to financial inclusion and digital innovation. Safaricom, already a leader in mobile money with millions of wallet holders, brings its trusted infrastructure; Choice Bank brings its expertise in digital banking for businesses, SMEs and individuals. Together, they are enabling an ecosystem where remittances are faster, more accessible and more cost-efficient for end users.
The partnership also aligns with broader industry trends where cross-border payments are evolving away from traditional banking channels into mobile-first, wallet-centric models. Using API-banking and mobile payout technology, the collaboration promises to unlock new opportunities for remittance providers looking to expand into Kenya’s dynamic market while supporting the Central Bank’s regulatory oversight and consumer protection objectives.
For remittance providers, fintech platforms and global payments players looking to scale in Kenya, Choice Bank and Safaricom’s platform presents a ready-made infrastructure to build upon. The announcement invites interested partners to explore how they can integrate and leverage this enabler to serve Kenyan customers more effectively and create new flows of digital value across borders.
