Wednesday, February 21

Yabx Expands its Operations and Service Offerings as Digital Lending Gains Momentum in Africa Region

NAIROBI, Kenya, September 22, 2021/APO Group/ —

Appoints Telecom Industry Expert Eunice R. Gatama as Director for Africa Business; aims for continued growth as digital lending services are projected to grow rapidly in Africa.

Yabx (Yabx.co), a fintech venture offering credit products across 12 countries in Africa, today announced the appointment of Eunice R. Gatama as Director for Africa Business. This comes as a strategic decision by the company which is aggressively expanding its market share in the digital lending space in Africa. Delivering some of the best performing portfolio returns for its partner banks, Yabx has witnessed significant momentum in its existing lending portfolios. With partnership agreements signed with leading Banks and Wallet Operators in several East, West and Central African countries, Yabx is poised for market expansion and launching new service offerings to cater to customer needs.

Incubated by Comviva Technologies, a global leader in digital financial services, Yabx aims at simplifying financial access to new-to-credit customers and MSMEs in Africa by providing financial access to the underserved. It leverages technology and analytics to reduce the cost of delivering financial services, thereby bringing banking services to the underserved. Continue reading

Image: africa-newsroom.com