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    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Uhuru: My desire is to provide jobs for the many unemployed youth

    Uhuru charms youths with Sh1.3 billion kitty

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    Huawei and ICT Authority to provide Digital training to young Kenyans

    Huawei and ICT Authority to provide Digital training to young Kenyans

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

  • Markets
    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    BAT’s PR agency in trouble for trying to bribe a reporter

    BAT’s PR agency in trouble for trying to bribe a reporter

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

  • Real Estate
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Kenyan Firm awarded Most Innovative Community Developer 

    #OmokaNaAlma: This is how you get awarded Sh50,000 by Cytonn Real Estate

    Developing Countries Set To Lose Sh22 Trillion Due to COVID-19

    Commercial office rents fall 13pc in quarter 3 & 4 of 2020

    New Construction Technology to help NHC deliver affordable homes

    New Construction Technology to help NHC deliver affordable homes

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    New Ksh350Million Commercial centre to be constructed in Athi River

    New Ksh350Million Commercial centre to be constructed in Athi River

    Greenpark Estate injects Ksh15M to its development

    Greenpark Estate injects Ksh15M to its development

    LG’s OLED Honoured at the Technology and Engineering Awards

    LG’s OLED Honoured at the Technology and Engineering Awards

    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

  • Tech
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Mobile Phones contribute to the realisation of UN SDGs – 2020 GSMA report says

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    Nokia to launch its low cost smartphones in Kenya

    Nokia to launch its low cost smartphones in Kenya

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    Housing Finance launches new money transfer service

    Housing Finance launches new money transfer service

  • World Business
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    World Engineering Day to Be Celebrated in Kenya

    World Engineering Day to Be Celebrated in Kenya

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    How NASA Technology Can Help Save The World’s Largest Shark

    After fight with US Authorities Huawei CEO now want talks with Biden

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    Ford Vehicles to be powered by Android and Google apps in new deal

    Ford Vehicles to be powered by Android and Google apps in new deal

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    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

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    KPA Extends Date for Regional Maritime Awards Entries

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    realme awards fans to Valentines through DaretoLove Campaign

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    IoT predictions for 2021: Smarter tech will make better business

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    • Agribusiness
    • Banking
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      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      DTB Bank set to shut down 6 branches

      DTB Bank set to shut down 6 branches

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      Housing Finance launches new money transfer service

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      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

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    • Insurance
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      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

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      Pension Schemes Maintain Positive Performance in Q4 of 2020

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      What do you need to know before purchasing car insurance?

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      National Bank of Kenya Bags Global Recognition

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      DIB Awarded Best Islamic Bank in Kenya

    • Manufacturing
    • Opinion
      IoT predictions for 2021: Smarter tech will make better business

      IoT predictions for 2021: Smarter tech will make better business

      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

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      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

Kenyan Business Feed
  • Home
  • News
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Uhuru: My desire is to provide jobs for the many unemployed youth

    Uhuru charms youths with Sh1.3 billion kitty

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    Huawei and ICT Authority to provide Digital training to young Kenyans

    Huawei and ICT Authority to provide Digital training to young Kenyans

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

  • Markets
    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    BAT’s PR agency in trouble for trying to bribe a reporter

    BAT’s PR agency in trouble for trying to bribe a reporter

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

  • Real Estate
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Kenyan Firm awarded Most Innovative Community Developer 

    #OmokaNaAlma: This is how you get awarded Sh50,000 by Cytonn Real Estate

    Developing Countries Set To Lose Sh22 Trillion Due to COVID-19

    Commercial office rents fall 13pc in quarter 3 & 4 of 2020

    New Construction Technology to help NHC deliver affordable homes

    New Construction Technology to help NHC deliver affordable homes

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    New Ksh350Million Commercial centre to be constructed in Athi River

    New Ksh350Million Commercial centre to be constructed in Athi River

    Greenpark Estate injects Ksh15M to its development

    Greenpark Estate injects Ksh15M to its development

    LG’s OLED Honoured at the Technology and Engineering Awards

    LG’s OLED Honoured at the Technology and Engineering Awards

    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

  • Tech
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Mobile Phones contribute to the realisation of UN SDGs – 2020 GSMA report says

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    Nokia to launch its low cost smartphones in Kenya

    Nokia to launch its low cost smartphones in Kenya

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    Housing Finance launches new money transfer service

    Housing Finance launches new money transfer service

  • World Business
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    World Engineering Day to Be Celebrated in Kenya

    World Engineering Day to Be Celebrated in Kenya

    How NASA Technology Can Help Save The World’s Largest Shark

    How NASA Technology Can Help Save The World’s Largest Shark

    After fight with US Authorities Huawei CEO now want talks with Biden

    After fight with US Authorities Huawei CEO now want talks with Biden

    Ford Vehicles to be powered by Android and Google apps in new deal

    Ford Vehicles to be powered by Android and Google apps in new deal

    Columbia Africa banks on primary and preventive healthcare to grow market share

    Columbia Africa banks on primary and preventive healthcare to grow market share

    DHL Express Named Best Employer in The World

    DHL Express Named Best Employer in The World

    Meet the founder of Safari Doctors Umra Omar

    Meet the founder of Safari Doctors Umra Omar

    Kenya to receive Ksh 1 billion from Google for economic recovery

    Kenya to receive Ksh 1 billion from Google for economic recovery

  • KBF
    • All
    • Agribusiness
    • Banking
    • Insurance
    • Manufacturing
    • Opinion
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    DTB Bank set to shut down 6 branches

    DTB Bank set to shut down 6 branches

    • Agribusiness
    • Banking
      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      DTB Bank set to shut down 6 branches

      DTB Bank set to shut down 6 branches

      Secure your future by saving with Metropolitan National Sacco

      Housing Finance launches new money transfer service

      Housing Finance launches new money transfer service

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

      Leak: 53 Kenyan banks, individuals Named in FinCEN Files For Illegal Sh6 Trillion Transactions

      Impending layoffs at Absa Bank Kenya Plc

      Family Bank opens its 92nd branch

      Family Bank opens its 92nd branch

      Kenyan shilling dips to a 2-year low against the US dollar

      Formation of Sacco Fraud Investigation Unit timely

      73% of female journalists likely to experience Sexual Harassment at work

      Accountants and finance professionals less likely to be harrased at work says report

    • Insurance
      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Pension Schemes Maintain Positive Performance in Q4 of 2020

      Pension Schemes Maintain Positive Performance in Q4 of 2020

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      ICEA Lion Life appoints a new CEO

      ICEA Lion Life appoints a new CEO

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      Exposed: Insurance Company on The Spot for Fruatrating clients

      Octagon feted in 2020 World Pension Summit Innovation Awards

      Octagon feted in 2020 World Pension Summit Innovation Awards

      What do you need to know before purchasing car insurance?

      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

      DIB Awarded Best Islamic Bank in Kenya

      DIB Awarded Best Islamic Bank in Kenya

    • Manufacturing
    • Opinion
      IoT predictions for 2021: Smarter tech will make better business

      IoT predictions for 2021: Smarter tech will make better business

      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      Why Digital Services Tax is a retrogressive policy

      Why Digital Services Tax is a retrogressive policy

      How Citizen TV Became The Most Watched in Kenya

      How Citizen TV Became The Most Watched in Kenya

      This is the new Safaricom logo

      Fail or win? Mixed Reactions over Safaricom’s new logo

      After fuliza, Safaricom introduces another way to borrow money

      OPINION: Why Safaricom’s Fuliza is a rip off!

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

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Home KBF Banking

Housing Finance launches new money transfer service

by Neymar
February 18, 2021
in Banking, KBF, News, Tech
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HF Group customers living abroad can now remit funds seamlessly into any HF account as well as make their loan or mortgage payments through the International Money Transfer (IMT) service introduced by the firm.

The HF Whizz which has been rolled out in partnership with Interswitch Group is expected to help the financial services provider to expand its digital banking services as well as drive HF Group diversification efforts into full-service banking according to HF Group Chief Executive Officer Robert Kibaara,

“We have made significant investments in technology in order to bolster our full service banking proposition. Our focus is in building a digital first bank that is responsive to emerging customer trends. Designing the best customer experience is a continuous process and our vision is to empower customers to make their personal and business transactions at the click of a button,” said Kibaara.

He adds that HF Whizz has been developed with focus on simplified customer needs as diaspora inflows continue to increase despite hardships exacerbated by COVID-19.

HF Group CEO Robert Kibaara with Interswitch Kenya Country Manager Romana Rajput (left), and Ag HFC Managing Director Regina Anyika during the launch of the HF Whizz International Money Transfer.

“Kenyans in the diaspora send a lot of money to associates and loved one’s back home and are always on the lookout for a secure means to make these remittances. We are giving them an opportunity for real-time funds transfer from wherever they are directly into any HF account,” Kibaara added.

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The International Money Transfer service allows customers in the diaspora to remit funds up to USD 10,000 (Kshs. Kshs 1 million) instantly from their debit or credit cards.

Romana Rajput, Country General Manager at Interswitch Kenya, said, “We are excited at the prospects, potential and possibilities of the partnership with HF Group. This partnership is consistent with our commitment to make payments one less thing for Africans to worry about. At Interswitch, our solutions are continuously designed to be reliable, secure and convenient.”

The HF Whizz IMT will be leveraging Interswitch’s secure and robust collection solution-IPG to enable the seamless transfer and receipt of funds into local accounts.

Latest data from the Central Bank of Kenya (CBK) indicate that remittances increased 10.7% in 2020 to stand at Kshs. 340 billion ($3.094 billion) when compared to 2019.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]

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