On 9 November 2023, First Capital Bank Botswana, a financial institution known for
driving innovation and customer-centric services, announced a strategic partnership with Orange
Money. The partnership aims at driving inclusive finance by expanding the bank’s reach to enables
customers especially the unbanked to access financial services. As part of this partnership, the informal
segment of the society will be able to open savings accounts with First Capital Bank and save regularly
through Orange money by seamlessly transferring funds between their Orange Money wallets and their
savings accounts, using their mobile devices. Additionally, the service will enable all Orange Money
wallet users to send funds to a First Capital Bank account and vice versa.
“This partnership aims to make banking more accessible and convenient for everyone, particularly the
unbanked and those in the informal sector. We have additionally simplified the process of opening a
savings account with just a police affidavit for address and income confirmation, along with a valid ID or
passport, ‘’ said First Capital Bank Country Manager of the Consumer Segment, Mr. Thatayaone

Concluded Matlapeng, “This partnership brings together the strengths of First Capital Bank's extensive banking expertise and commitment to financial inclusion, and Orange Money's accessible mobile money solutions. At First Capital Bank, we are constantly exploring innovative ways to enhance our customers' banking experience. Our partnership with Orange Money is a significant step forward in this direction. We believe that by merging our banking expertise with their mobile financial solutions, we are empowering our customers with greater control over their finances, anytime and anywhere."

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button