{"id":514088,"date":"2026-06-23T09:31:18","date_gmt":"2026-06-23T09:31:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/514088\/"},"modified":"2026-06-23T09:31:18","modified_gmt":"2026-06-23T09:31:18","slug":"kcb-airtel-money-deal-to-deepen-financial-services","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/514088\/","title":{"rendered":"KCB, Airtel Money deal to deepen financial services"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/873cf10d-e62e-4156-a48c-d5d85060529d.jpg\" class=\"ui-draggable ui-draggable-handle\" style=\"max-width: 100%; width: 100%;\"\/>KCB Bank Kenya MD Annastacia Kimtai and Airtel Money Kenya MD Anne Kinuthia-Otieno during a partnership signing that will enable Airtel Money customers to deposit and withdraw cash at over 22,000 KCB Agents across the country\/ HANDOUT<\/p>\n<p>AIRTEL Money and KCB Bank are now keen to depeen financial serives in Kenya, in a partnership that could shake the mobile money landscape in the country.<\/p>\n<p>This is after the two entered into an agreement that anables\u00a0Airtel Money customers to deposit and withdraw&#13;<br \/>\ncash at the over 22,000 KCB Agents across the country, in the latest\u00a0interoperability\u00a0move in the market.<\/p>\n<p>The collaboration is expected to deepen&#13;<br \/>\nfinancial inclusion by supporting the ongoing efforts by industry stakeholders&#13;<br \/>\nto promote interoperability across Kenya\u2019s financial sector, reducing barriers&#13;<br \/>\nto financial access, enhancing customer experience and strengthening the&#13;<br \/>\ncountry&#8217;s digital financial ecosystem.<\/p>\n<p>According to Airtel Money Kenya managing director Anne Kinuthia-Otieno,\u00a0 the&#13;<br \/>\ncollaboration reflects Airtel Money&#8217;s commitment to making financial services&#13;<br \/>\nmore accessible and convenient for customers across the country.<\/p>\n<p>&#8220;By opening access to KCB&#8217;s extensive&#13;<br \/>\nagent network, we are bringing Airtel Money services closer to more Kenyans and&#13;<br \/>\nmaking it easier for customers to deposit and withdraw money wherever they are.&#13;<br \/>\nAs Airtel Money continues to grow, partnerships such as this help us expand&#13;<br \/>\naccess to financial services while supporting the country&#8217;s financial inclusion&#13;<br \/>\nagenda,&#8221; she said.<\/p>\n<p>KCB Bank Kenya managing director Annastacia Kimtai noted that the partnership reflects the bank\u2019s commitment to&#13;<br \/>\nleveraging innovation and collaboration to create a more inclusive and&#13;<br \/>\ninterconnected financial services landscape.<\/p>\n<p>\u201cWhat we are doing is recognising the fact&#13;<br \/>\nthat diverse and interconnected opportunities are still core to the mobile money&#13;<br \/>\nvalue proposition. Reaching critical mass will require mobile money ecosystems&#13;<br \/>\nto become more dynamic and productive and such a move will enable mobile money&#13;<br \/>\nservices to take root, proliferate, and scale up,&#8221;\u00a0Kimtai\u00a0said.<\/p>\n<p>&#8220;It is against this background&#13;<br \/>\nthat we are offering our agency network for more Kenyans to strengthen mobile&#13;<br \/>\nmoney ecosystems and help the industry mature fully.&#8221;<\/p>\n<p>Customers will require a valid national&#13;<br \/>\nidentification document and a registered Airtel Money account to access the&#13;<br \/>\nservice. Deposits will be free, while standard withdrawal charges will apply.<\/p>\n<p>KCB\u2019s non-branch solutions, including its&#13;<br \/>\nagency banking network, continued to play a pivotal role in driving customer&#13;<br \/>\nconvenience, accessibility, and operational efficiency. <\/p>\n<p>Notably, the deal comes&#13;<br \/>\nas KCB continues to bolster its agency banking capabilities through the&#13;<br \/>\nacquisition of Riverbank Solutions by bringing on board its robust social&#13;<br \/>\npayments and Enterprise Resource Planning (ERP) solutions.<\/p>\n<p> As a result, the&#13;<br \/>\nbank has deepened its digital channels offerings with 99 per cent of transactions being&#13;<br \/>\nconducted through non-branch channels.<\/p>\n","protected":false},"excerpt":{"rendered":"KCB Bank Kenya MD Annastacia Kimtai and Airtel Money Kenya MD Anne Kinuthia-Otieno during a partnership signing that&hellip;\n","protected":false},"author":2,"featured_media":514089,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[61,60,127212,202,9315,24721,22106,160232,122065,80,22107,127211,22105],"class_list":["post-514088","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-ie","tag-ireland","tag-kenya-news","tag-mobile","tag-star","tag-star-news","tag-star-news-kenya","tag-star-newspaper","tag-star-newspaper-kenya","tag-technology","tag-the-star","tag-the-star-kenya","tag-the-star-newspaper"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/514088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=514088"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/514088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/514089"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=514088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=514088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=514088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}