Equitel is the brand of Finserve Africa Limited, a mobile virtual network operator (MVNO) in Kenya, owned by Equity Group Holdings Limited focussed on delivering mobile money services. Link to external site : Website for Equitel from Finserve Africa Ltd (Equity Bank MVNO) |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2014 Oct Register/Log In |
| Importance |
High Register/Log In |
| Traction |
Low but Growing Upgrade to Bronze |
| Evaluation |
201505: Rolling out to 8.7 million Equity Bank customers in Kenya Register/Log In |
| Account Type |
Stored Value Register/Log In |
| Business Model | |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Mobile |
 Cash  Wallet |
 |
 AT  BP  DMT  MP |
|
Cash Wallet |
Mobile |
| Model |
cross-industry based Upgrade to Bronze |
| Who Leads? |
jointly led Upgrade to Bronze |
| Reach |
Subnational Upgrade to Bronze |
| Active Users |
-- NA -- Upgrade to Bronze |
| Registered Users |
-- NA -- Upgrade to Bronze |
| Potential Mobile Market (m) |
27.251 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
None Register/Log In |
| ServicesDescription | |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies | |
| Interoperability | |
| RegistrationProcess |
| Main Segment | Unbanked |
| Segment Description |