Friday, January 10, 2025

HF mobile banking launched to boost income

HF mobile banking launched to boost income

HF Mobile Banking: Housing Finance, now known as HF Group, has launched a digital banking platform. The platform dubbed HF Whizz is aimed at enabling customers to open an account, access loans, and deposit and transfer cash on mobile phones.

It will enable customers to transfer up to Sh. 200,000 daily, borrow up to Sh. 50,000 for 7.725 per cent interest, deposit cash via pay bill number 100400, among other services.

“Through HF Whizz, we want to deliver a frictionless digital experience across all our customer touchpoints with greater agility. It is our vision that the digital banking platform will enhance our customers experience, provide comprehensive business functionality and drive profitability,” HFC Managing Director Sam Waweru said.

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“In addition, the platform provides lifestyle value-add functionalities such as budgeting (and) real time settlement,” Mr Waweru said.

“We want to deliver value to our customers while demonstrating the technological benefits to our shareholders. We have the right technology in place to manage any market shifts and industry changes.”

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