In yet another major digital banking move, Equity Bank has launched an online forex trading platform dubbed Eazzy FX, that gives customers the freedom to trade forex and forex pairs in real-time in Kenya.
The idea behind Eazzy FX is to enable SMEs and corporates easily access and trade Forex, essentially democratizing Forex trading.
“Eazzy FX is the latest innovations within the Eazzy suite of digital banking products,” said James Mwangi, MD & CEO, Equity Group Holdings.
Equity Bank, and its subsidiary company FinServe, have recently launched a number of digital products and services which have positioned the company as one of the most innovative banking service in Kenya in recent years.
Eazzy FX currently enables traders to both trade and make settlements in realtime. The ability to now trade online opens up new opportunities for banks to delve into digital currencies and possibly gain access to such emerging digital assets like bitcoin and other crypto products.