Zepz has announced the renewal of its long-standing partnership with Equity Bank Limited, a prominent financial services provider in East Africa. Zepz is the parent company of global remittance brands WorldRemit and Sendwave (International Remittance), specializing in providing digital money transfer services across international borders.
The renewed agreement optimizes customer experience by leveraging Zepz's advanced APIs and integration solutions with Equity Group's digital and physical payout networks across its six banking subsidiaries. The partnership aims to process one million monthly transactions, enabling seamless fund transfers directly into mobile wallets and Equity bank accounts.
Managing Director and CEO of Equity Group Holdings, Dr James Mwangi, emphasized the strategic importance of this partnership, stating, "This partnership, rooted in deliberate intent and purpose, signifies our shared strategic vision to pioneer innovative solutions in the payments space for the African continent."
Zepz CEO Mark Lenhard expressed optimism about the partnership's potential to drive the adoption of their remittance services in the region.
"We look forward to leveraging Equity's position in Kenya and throughout the East African Community to grow our market share and further expand into new countries with Equity as it continues to grow its footprint across Africa." He said.
