Corporate

Choice Bank Unveils New Digital Banking Model as it Celebrates 10 Years of Growth

May 21, 2025
973 1 minute read
Choice Bank Unveils New Digital Banking Model as it Celebrates 10 Years of Growth
Bonface Isinta, CEO, Choice Bank during Bank's 10 years commemoration and rebrand ceremony in Nairobi.

Choice Microfinance Bank, now rebranded as Choice Bank, has officially launched a new, inclusive, and digitally powered banking model, marking a major milestone in its journey to transform the financial experience for its customers across Kenya.

The launch coincided with the bank’s 10th anniversary since its licensing by the Central Bank of Kenya (CBK) in 2015. During the rebranding ceremony, Choice Bank said its further committed to innovation and digital inclusion, positioning itself as a future-forward player in Kenya’s banking landscape.

“Ten years of operations is no mean feat. Together with our esteemed stakeholders, we have walked this journey and I want to really thank them for believing in us,” said Choice Bank CEO Bonface Isinta Ombui. “Today, we are proud to officially launch our first, inclusive and purpose-driven digital banking model for a better experience for our customers.”

Nairobi Securities Exchange (NSE) Chairman Kiprono Kittony graced the ceremony as the Chief Guest.

Also Read: Wakanda completes 85% acquisition of Choice Microfinance Bank

The bank’s new model includes initiatives such as:

  • Electric vehicle financing
  • Support for SMEs in the Kenya-China Corridor
  • Inclusive asset financing
  • API-driven Banking-as-a-Service (BaaS)

The lender was founded in 2015 but had initially focused on relationship-based microloans targeting underserved communities. Its transformation gained traction in 2021 with investment from the Wakanda Network, bringing not only capital but a broader Pan-African vision.

In 2022, the bank launched its proprietary core banking system and became a member of the Kenya Bankers Association (KBA).

By 2024, Choice Bank had secured a national license, joined the National Payments System, and rolled out a modern mobile and internet banking platform, all of which laid the foundation for its digital-first strategy.

May 21, 2025
973 1 minute read
Monitor Your Business Transaction
Photo of Lawrence Baraza

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Kampala, Dar Lead as Nairobi Office Occupancy Hits 80.3%

Kampala, Dar Lead as Nairobi Office Occupancy Hits 80.3%

8 hours ago
How NSSF Contributions Will Change From 2027 Moving Forward

Kenyan CEOs Signal More Hiring as Businesses Expand in 2026

2 days ago
CBK Enforces Compliance with Risk-Based Credit Pricing Model

The CBK Gallery: How Markeks Faired in Week 3 of February

3 days ago
NCBA Shareholders Pocket Ksh.2.25 in Dividends After Ksh.9 Billion Profit Surge

CMA Clears Nedbank in 66% NCBA Takeover Bid

3 days ago

973 Comments

  1. You are my breathing in, I own few blogs and very sporadically run out from brand :). “No opera plot can be sensible, for people do not sing when they are feeling sensible.” by W. H. Auden.

  360. I know this if off topic but I’m looking into starting my own weblog and was curious what all is needed to get set up? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100 certain. Any suggestions or advice would be greatly appreciated. Cheers

  476. Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such fantastic info being shared freely out there.

  585. I’ve been browsing online greater than 3 hours today, but I never discovered any interesting article like yours. It¦s pretty value enough for me. Personally, if all website owners and bloggers made excellent content as you probably did, the net might be much more helpful than ever before.

  837. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  852. Hi! I realize this is kind off off-topic but I needed to ask.
    Does building a well-established website like yours require a massive amount work?
    I am completely new to writing a blog but I do write in my diary on a daily basis.
    I’d likme to start a blog so I can easily share my experience and thoughts online.
    Please let me know if you have any suggestions or tips for brand new
    aspiring bloggers. Thankyou! https://hot-fruits-glassi.blogspot.com/2025/08/hot-fruitsslot.html

  970. What i don’t understood is if truth be told how you’re now not really much more well-favored than you might be right now. You’re very intelligent. You recognize therefore significantly in the case of this subject, produced me individually consider it from numerous numerous angles. Its like men and women aren’t interested except it?¦s one thing to accomplish with Lady gaga! Your personal stuffs nice. At all times take care of it up!

  971. I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  972. Этот информативный текст выделяется своими захватывающими аспектами, которые делают сложные темы доступными и понятными. Мы стремимся предложить читателям глубину знаний вместе с разнообразием интересных фактов. Откройте новые горизонты и развивайте свои способности познавать мир!
    Выяснить больше – https://vivod-iz-zapoya-1.ru/

  973. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

Leave a Reply

Back to top button