Nairobi, Kenya – May 21, 2018 – Mombo App is set to upgrade their mobile application on May 23, 2018. This is in a bid to enhance the user-experience and service delivery. The upgrade is based on the Artificial Intelligence credit score system that the institution is implementing to help analyze a person’s creditworthiness in accordance with their income, financial commitments, and credit history.

“The upgrade is a major leap for our company. It’s exciting to know that now we can capture our client’s data and use algorithms to score and ultimately determine how much they can access and for what duration,” says Joyce Nduta, the Vice Chairperson at Mombo. “By integrating Artificial Intelligence and Machine Learning technologies into our solutions, we look forward to reinforcing our credit risk mitigation efforts.”

Mombo App allows users the versatility to manage their accounts. Among other features, clients can use the app to save, borrow, invest and withdraw funds. They can also as check transaction history and account balances as well as contact customer services, all from their Smartphones. The App provides users with superior mobile experience and supports the company’s approach to customer service. It is currently available on Google Play and Apple stores and is compatible with both iOS and Android devices.