Power Financial Wellness Inc Joins Digital Financial Services Association of Kenya.
Nairobi, Kenya – June 22, 2023 – Power Financial Wellness Inc, a company dedicated to enabling holistic financial services by connecting companies and their workforces to a set of digital financial services and providing core-banking system, today announced that it has joined the Digital Financial Services Association of Kenya (DFSAK).
DFSAK (formerly: Digital Lenders Association of Kenya) is a non-profit membership association that represents the interests of the digital financial services (DFS) industry in Kenya. The association’s members include banks, mobile network operators, payments providers, and other Digital Financial Services stakeholders.
Through its platform, Power partners with companies to help them deliver a broad range of financial services such as access to earned wages, savings, longer-term loans, and affordable insurance solutions to their workforce, therefore promoting a culture of financial health and prosperity.
Power has over 100 companies actively using their platform with thousands of employees across Kenya access financial services using their smartphones. Once Power signs a partnership agreement with a company, the employee only needs to sign up and they will be able to access a fraction of their pay
Power’s membership in DFSAK reaffirms its dedication to driving positive change in the financial landscape of Kenya.
About Power.
Power Financial Wellness, Inc. was founded in 2020 and is a fintech company with operations in Kenya and Zambia along with offices in the United States and India. With over 500M workers across Africa, Power aims to expand across the continent and connect working individuals to more affordable and appropriate financial services. For more information visit: www.yourpower.io/
About Digital Financial Services Association of Kenya
The Digital Financial Services Association of Kenya (DFSAK), is a new member organization incorporated in 2019 bringing together the leading digital-first loan providers and associated stakeholders to facilitate mutual growth in the digital lending sector in Kenya. For more information visit: www.dfsak.co.ke
