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DRC : Flash and Finca have signed a strategic partnership agreement for their agents and clients benefit

Wednesday, 16 June 2021 10:57
DRC : Flash and Finca have signed a strategic partnership agreement for their agents and clients benefit

(FLASH INTERNATIONAL) - In the vision of getting closer to the Congolese population with solutions that make their daily lives easier, FLASH and FINCA have just concluded a strategic partnership contract based on the provision of financial services and value-added services of the FLASH platform on the entire FINCA network as well as the provision of FINCA deposit and withdrawal services to all FLASH agents and its customers.

This new collaboration between these two institutions revolves around two axes.

On the one hand, it opens the door to accessibility to FINCA financial transactions in all FLASH agencies and via 4,000 FLASH agents throughout DR Congo. As a result, savings clients, or any person having FINCA bank account, including people having FINCA loan, will be able, in complete security and tranquility, to carry out deposit, withdrawal or repayment operations of their loans in a FLASH point of sale.

On the other hand, this partnership also allows FINCA to offer FLASH products and services in its points of sale. From now on, FLASH services of money transfers with Western Union, MoneyGram and Flash Cash, TV subscriptions, mobile and internet top-ups as well as mobile money from all operators and many other services will be available in the FINCA branches and at all FINCA Express Full Option points.

This partnership contract demonstrates FLASH and FINCA's desire to facilitate universal accessibility to their respective services and to allow their agents and clients to save time while increasing the profitability of their respective agents.

About FLASH International

Flash International is a regulated financial company working in FinTech. It provides the aggregation of value-added and financial services such as: money transfer, mobile money, Visa cards, bank transfers, mobile recharge credits, internet packages, television subscriptions, payments of taxes and merchant payment services for more than 3 million customers in the Central African region through its network of 160 own agencies and thousands of Flash agents. The FLASH distribution platform and financial hub has more than 30 different products in its innovative application “FlashApp” available on Google Play and on the Apple Store. This mobile application is already operational in 3 African countries, Flash International currently has more than 4,000 Flash agents who actively participate in the financial inclusion of unbanked communities. For more information visit http://www.flash.one/

About FINCA-RDC Microfinance

Launched in 2003, FINCA DRC is today the largest microfinance institution in DRC. Created with the mission of reducing poverty through sustainable solutions that allow people to accumulate stable wealth, create jobs and improve their standard of living. With more than 450,000 clients, his vision is to reach millions of Congolese still excluded from the banking system through digital solutions adapted to the realities of the DR Congo. To date, apart from these branches, FINCA has more than 1,600 FINCA express Full Option points scattered throughout rural and semi-urban areas to serve the most remote populations. Thanks to this large network of agents, populations from all sides can save time for their occupations while enjoying local banking services such as withdrawal, deposit for their savings, repayment of their credit and even transfers to n to any phone number or to another bank account. In an effort to effectively contribute to financial inclusion in Congo, she recently set up a CLICK application that facilitates access to financial services from her phone. For more information visit https://www.finca.cd

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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