Branch International Secures $170m Financing - THISDAYLIVE

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Branch International Secures $170m Financing - THISDAYLIVE via thisdaylive

Branch, a quick loan application platform and one of the most downloaded finance app in Africa, has announced a new global partnership and investment from Visa.

In addition, Branch and Visa would team up to offer virtual prepaid debit card numbers to customers around the world.at any physical ATM, bypassing the need for a bank account.unbanked — access to digital credit. Unfortunately, mobile money isn’t available in mostunderserved around the planet,” the CEO and co-founder of Branch, Matthew Flannery said.a challenge for over two billion people in the world.

“Our partnership with Branch provides Visa a key distribution mechanism to reach people that were previously out of reach and help shape the future of microfinance.

 

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