About
Equitel is a Kenyan mobile virtual network operator run by Finserve Africa Limited, the fintech subsidiary of Equity Group, on Airtel Kenya's network. Unlike M-Pesa-style wallets, the Equitel SIM is linked directly to the customer's Equity Bank account, so transfers, bill payments, cash withdrawals and loans run from the bank account itself. The SIM is available to Equity Bank account holders at Equity branches and agents. Launched in July 2015, Equitel had processed KSh469.9 billion, 22% of the KSh2.1 trillion transacted in Kenyan mobile money, as at end-June 2019, when it had 1.88 million subscribers.
Official site →Countries
