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Continental Money: A Money Transfer Game Changer in the Kenyan Market

BY Soko Directory Team · April 7, 2016 08:04 am

Continental Money, the international online money transfer service has emerged to be a leader in cross border payment services, known in the industry for its 24/7 customer service and best exchange rate guarantee.

Njuguna Kirubi CEO of Continental Money speaking at the Nairobi office said, “With the best exchange rate in the market, we have a competitive advantage. Actually, 90per cent of our business is because of it.

Besides the affordability, it prides itself in enabling remittances both fast and secure.   Plus, they have competitive fees with no hidden cost with multiple receiving options at the continence of the recipients.

Kenyans in the UK can transfer money round-the-clock to any bank account or mobile money platform in Kenya using Continental Money platform

Kirubi says Continental Money has changed the way Kenyans in the United Kingdom remit money by adopting technology this in turn has cut on remittance fees, giving the company an edge over the established players.

According to the Central Bank, remittance inflows to Kenya in January 2016 increased by 19.9 percent to USD 137.5 million compared to USD 114.6 million in January 2015.

Remittances are a major source of foreign exchange for the country, which happens to be an import-dependent economy.  The increase in inflows bodes well for the economy as market analysts speculate that 2016 will be a volatile financial year for the country.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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