Overview
Wells Fargo Kenya is a Kenyan cash logistics company that transports cash and valuables across the country and runs its own vaults. It serves businesses and banking clients.
Services - Cash-in-transit; - Cash counting and banking; - Vault storage; - Transportation of valuables.
Counting and banking means that the collected cash is processed and delivered into the client's bank, which shortens the gap between takings and cleared funds. The payment channel is physical cash.
Market The company operates in Kenya. The name is shared with the large US bank, but the source data describes a separate Kenyan security and cash-handling business, trading at fargo.co.ke.
Who it suits Retailers, fuel stations, wholesalers and other cash-heavy businesses that need daily or scheduled collection, as well as banks that outsource transport and storage of notes. Branch coverage, insurance limits, pricing and schedules are not published in the source data and are agreed with the company.
For payment businesses working with cash-to-digital flows in Kenya, a collection provider like this covers the physical side of the chain.
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