Finance

DR Congo : Flash POS announces “the revolution in financial services and electronic sales”

Monday, 24 September 2018 09:34

Financial institutions in the Democratic Republic of Congo are seeking to bring millions of Congolese to the financial circuit, but the challenge seems to be more difficult because of the precarious economic and financial situation.

With a total population estimated at 90 million inhabitants, the rate of banking is currently recorded only at 6% of the active population. Several factors are basically causing the low rate of banking inclusion. First, this is due to the lack of trust in financial institutions and the low incomes of the Congolese population. Second, while financial solution seems to be precarious, bank account fees and charges remain high.

However, even for those who have a bank account or a mobile money account, shopping online seems to be an unsolved problem, as most financial institutions in DRC do not offer these services to their clients. Although today, where the era of digital revolution is underway, many services of everyday life could be offered online.

The company "Flash International" is among the precursors in Congo to offer these services through its mobile application Flash POS. A real revolution in the world of digital distribution thanks to the aggregation of value-added services most used by the Congolese population.

Flash currently distributes on its android platform the following services: Vodacom, Orange, Airtel, Africell, Canal +, EasyTV, StarTimes, Flash Cash money transfer and Flash Ticket.

Flash POS is a true fintech hub: intuitive, multi-product, with dynamic and real-time reporting. It is also an electronic, reliable and secure payment wallet that offers to everyone the possibility of money transfers and online purchases from their smartphone or from one of our 3500 flash agents.

For more information visit www.flash.cd

21630 flaspo

On the same topic
BYD to reach 35 South African dealerships by early 2026, accelerating plan EV market share rises to 2.4%, driven by hybrids and consumer...
Government repaid about CFA1 200 billion from January to November 2025 Internal revenues reached CFA2 500 billion, equal to 105 % of...
Proparco offers a €1.5 million guarantee to support Teranga Capital’s SME investments. The mechanism lowers risk and backs a €3 million...
WAEMU banking liquidity increased by CFA1,700 billion ($3.02 billion) in one year, according to BCEAO Governor Jean-Claude Kassi...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BYD plans to open 35 dealerships in South Africa by Q1 2026, earlier than initially scheduled...

South Africa: BYD Targets 35 Dealerships by End-March 2026
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.