Boya, a Kenyan fintech firm, has launched its virtual Visa expense card in partnership with VISA and Diamond Trust Bank (DTB).
The Visa expense card is designed to help local businesses manage payments and expenses with one virtual card solution.
The Boya platform aims to streamline and revolutionize expense tracking and reporting for businesses of all sizes.
With the new product, Boya has integrated DTB’s Cards as a Service offering into the platform, enabling Boya’s customers to access virtual corporate cards supported by the Visa card scheme.
We are delighted to partner with @Boya_Inc to launch a corporate expense card which will enable businesses to efficiently track, manage, and reconcile company expenses. This partnership exemplifies the spirit of collaboration where we combine our strengths to drive innovation. pic.twitter.com/VX3D5wJ9Ei
— DTB Kenya (@DTBKenya) July 25, 2023
These virtual corporate cards will allow businesses to efficiently track, manage, and reconcile company expenses, streamlining financial processes and promoting financial transparency.
Boya’s cloud-based expense management solution includes features such as expense tracking, approvals, reporting, integration and automation, and mobile accessibility.
DTB’s Group CEO and Managing Director, Nasim Devji, noted that their partnership with Boya will give customers access to personalized, secure, and user-friendly financial solutions.
“Our goal is to accelerate the development of innovative fintech products and services by serving as the link between banking and technology. This collaboration will give the customers access to personalized, secure, and user-friendly financial solutions, and position us at the forefront of the industry,” said Nasim Devji.
“Our aim is to empower businesses with a comprehensive tool that simplifies expense tracking, enhances financial control, and drives operational efficiency,” Boya CEO Mr Alphas Sinja said.