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Kenyan fintech startup Kyanda launches money transfer app

Kenyan fintech startup Kyanda has launched its money transfer app, which aims to help users make all sorts of transactions at as low a cost as possible.

Rolled out in February, Kyanda allows users to make cheap and fast money transfers, purchase airtime, and pay bills, among other things.

The startup, launched by 19-year-old founder Collins Kathuli, is also piloting a feature that will offer the chance to invest in companies listed on the Nairobi Securities Exchange (NSE).

“Our platform aims to assist all our clients and relieve them from high transaction costs incurred while accessing essential financial services,” Kathuli said.

“Not only can Kyanda be used personally, but businesses such as kiosks and more established brands can also make use of our platform and save money.”

Disrupt Africa

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