Visa and Branch partnership: Convenient credits for merchants

The most recent news in the financial sector is the Visa and Branch partnership. The Kenyan Fintech industry is seeing changes by the day. New inventions are coming up in a fortnight as companies compete to give people the best product or service. Branch, which is a renowned mobile loan application has taken its services a notch higher by partnering with Visa to provide merchants with credits. Branch is an example of a company that is working on its service delivery to ensure that most of its services are compatible and customizable to suit all business needs.

During the announcement of the partnership, Branch announced that it would provide financing to merchants who accept payment via Visa.

The loans will be provided with an aim of enabling the merchants to fund growth of their businesses through supplemental stock, infrastructure investment and other operational needs.

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