Mobile phone lending firm Branch inks deal to advance Uber drivers loans

Under the partnership, high-performing drivers will leverage their data to qualify for loans starting from Sh30,000. PHOTO | FILE

Mobile phone-based lender Branch has signed a deal with online taxi hailing company Uber to advance personal loans.

The financial technology company is using data from the taxi-hailing firm to grant loans to drivers who have high ratings and have completed 500 trips.

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