Equitel

Equitel is a mobile virtual network operator (MVNO) in Kenya, operating on Airtel Kenya's network infrastructure. It is a subsidiary of Equity Bank Group, a financial services provider in East Africa. Equitel offers a range of services, including mobile banking, voice calls, SMS messaging, and data services.

Equitel's primary focus is to enhance financial inclusion by providing convenient and affordable mobile banking solutions to its customers. By integrating mobile services with Equity Bank's banking platform, Equitel allows customers to access banking services directly from their mobile phones. These services include account opening, balance inquiries, money transfers, bill payments, and loan applications.

Equitel leverages the existing customer base of Equity Bank, providing a readily available market for its services. It differentiates itself from traditional mobile network operators by emphasizing financial services and targeting unbanked and underbanked populations. The service is available to both Equity Bank customers and non-customers, although Equity Bank customers often receive preferential rates and benefits.

Equitel has played a significant role in expanding financial access in Kenya and has contributed to the growth of mobile banking services in the region. It operates under regulatory guidelines set by the Communications Authority of Kenya and is subject to banking regulations overseen by the Central Bank of Kenya.