Standard Chartered Bank, has launched its Mobile Digital Platform in Kenya. This was initially announced in February of 2018, when Standard Chartered stated that it will launch its digital solution in four key markets during the first quarter of 2019. The bank said the service would first be launched in Uganda in January of 2019, followed by Tanzania in February, with Ghana and Kenya to follow.
Standard Chartered Bank’s Mobile Digital Platform was officially launched in Kenya, on the 11th of March 2019.
The new platform will allow clients to open an account in less than 15 minutes, transact, borrow, save, invest, insure and even protect their wealth online without having to visit a branch.
Standard Chartered says it invested Ksh 83.4 million in building the platform that will provide over 68 services on your phone including; updating account information, activate or stop your Card, bill payments; stop or block a cheque, fixed deposit creation and termination, funds transfer locally and internationally among others.
Speaking at the launch, Standard Chartered Bank Kenya Managing Director and CEO Kariuki Ngari said the Bank will continue to make strategic and sustainable investments in technology that will complement its innovation agenda, as well as enhance its digital offerings and client experiences. Additionally, the rollout will also see the Bank engage in strategic local alliances to create an appealing lifestyle banking proposition.
Have you used the Standard Chartered Mobile Platform yet? If yes, what was your experience like? Did it live up to your expectation(s)? Talk to us, let us know your thoughts.
“At Standard Chartered we have responded to new trends and the evolving needs of Kenyans with a strategic intent of being Digital by Design through innovation and technology. Digitalization to us means a disruption from traditional and conventional ways of banking to transforming banking business to conform to the lifestyles of our clients. In a nut shell, our clients do not need to stop doing what they love doing, for example spending time with their loved ones, teeing off, taking a spot-kick, relaxing, or even taking time off work, to do banking; the Bank is now available at the palm of their hands; anywhere, anytime, anyhow,” Mr. Ngari said.
Kenya is the fifth market in Africa within the Standard Chartered network to launch the digital-only retail bank alongside Cote D’vore, Ghana, Tanzania and Uganda.
The full end to end digital solution can be accessed by downloading or upgrading the SC mobile App via Google play store or Apple store and is available for both existing and new clients to open a Standard Chartered Digital Life Account anywhere, anytime.
