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Equity unit banks on tech to outpace competitors
From left: CA director-general Francis Wangusi, Telkom chairman Eddy Njoroge, CA chairman Ngene Gituku and Equity Group MD James Mwangi during the launch of Equity Group fintech subsidiary Finserve Africa, August 20, 2018 in Nairobi. PHOTO | SALATON NJAU | NMG
Finserve Africa Ltd, a subsidiary of Equity Group Holdings #ticker:EQTY, will rely on innovation as a key strategy amid fierce competition with competitors as it seeks a slice in the financial technology (fintech) space.
The lender Monday said it was banking on the subsidiary as the driver of financial solutions in a landscape where technology is fuelling growth, creating new opportunities and disrupting the way business has traditionally been conducted.