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Kenya fintech firm Boya launches virtual Visa cards for SMEs

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Home Tech News Africa Tech News

Kenya fintech firm Boya launches virtual Visa cards for SMEs

Staff Writer by Staff Writer
July 30, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Fintech, Innovation, Startups, Tech News, Technology
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Kenya fintech firm Boya launches virtual Visa cards for SMEs
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Kenyan fintech company Boya has just released a digital Visa expense card to cater to the local business community. 

The card, launched in conjunction with VISA and Diamond Trust Bank, is designed to make it easier for companies to keep track of their payments and costs, with a single virtual card solution.

The Boya platform is designed to revolutionize the way in which companies of all sizes control their cost monitoring and reporting. Boya’s innovative product is made possible by incorporating DTB’s Cards as a Service. Through this integration, Boya’s clientele will have access to Visa-supported virtual corporate cards. Businesses may streamline their financial procedures and increase transparency by using these virtual corporate cards to monitor, control, and reconcile company expenditures.  

During the launch, Boya’s CEO, Mr. Alphas Sinja, made the following statement “Our goal is to provide businesses with a comprehensive tool that simplifies expense tracking, improves financial control, and drives operational efficiency.” By automating time-consuming operations and offering important insights, our service helps organisations to concentrate on core activities and accomplish strategic objectives.” 

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Read also: Mastercard, SomBank partner to launch debit cards in Somalia

Providing a simple way for business to manage expenses

Boya is a cloud-based expenditure management service that provides key features such as tracking, approvals, reporting, integration and automation, and mobile accessibility.  

Nasim Devji, Group CEO and Managing Director of DTB, has said that the company’s collaboration with Boya would provide clients with convenient, safe, and personalised banking services. ”Our goal is to bridge the gap between the financial sector and the digital industry in order to hasten the creation of game-changing fintech products and services.

Expense management is made much easier with the Boya platform, which is a cloud-based, all-inclusive platform. With a user-friendly interface and sophisticated features, businesses can now manage expenses with ease, enhance financial visibility, and generate significant cost savings.

Visa partners with PayPal, Venmo, others to deliver new payments app

What to know about Boya

Boya is an integrated platform for improved financial management. The Central Bank of Kenya has approved DTB Bank as the company’s sponsor. Access to your Boya account is protected by many layers of protection, including a touch ID, facial recognition, and a password. We keep watch on your card constantly. The card may be locked and unlocked at any moment using the accompanying software.

Thousands of companies across a wide range of sizes and sectors use Boya to handle their financial management requirements. Our passion is to aid companies in reaching their maximum potential.

Tags: BoyaKenya fintechvirtual Visa cards
Staff Writer

Staff Writer

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