Family Bank’s Pesapap app is now offering loans

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Family Bank has just announced updates to its mobile banking app Pesapap. Customers and non-customers of the bank will now be able to access loans and also invest through the app.

The apps other features include: funds transfer to bank accounts and mobile money, bill payments, airtime purchase, scheduled payments and access to PesaLink.

To access the service, customers will need register and activate PesaPap by dialing USSD code *325# or by downloading the PesaPap app available on Google Play Store and the Apple Store.

According to Family Bank’s MD & CEO Dr David Thuku “With 65 per cent of our bank transactions now via digital, up from 46 per cent in January 2016 and with an 18 per cent growth in mobile banking in 2017 compared to 9 per cent in 2016, it is our strategic intention and focus to invest more in technology and aggressively drive efficiencies through IT. We believe that the revamped PesaPap will meet the increasing demands of the modern-day consumer whilst keeping pace with emerging technology to further deepen financial inclusion.”

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