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Dashen Bank Launches Ethiopia’s First Banking Super App

StockMarket.et by StockMarket.et
January 19, 2025
in Bank, Tech
Reading Time: 2 mins read
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Dashen Bank Launches Ethiopia’s First Banking Super App

Dashen Bank has unveiled Ethiopia’s first-ever banking Super App, a state-of-the-art, all-in-one digital banking platform, at a grand event held at the Sheraton Addis Hotel. This innovative solution sets a new standard for digital banking, offering a wide range of features aimed at delivering speed, reliability, and exceptional customer satisfaction.

“As Dashen Bank, we are thrilled to introduce the Dashen Bank Super App, a key milestone in our journey to becoming a truly customer-focused institution,” said Asfaw Alemu, CEO of Dashen Bank, at the launch ceremony. “This platform will enable us to deliver safer, higher-quality, and more efficient digital services tailored to businesses at every level.”

He added, “The Dashen Bank Super App embodies our motto, ‘One Step Ahead,’ by providing cutting-edge, reliable, and innovative digital banking solutions in collaboration with our strategic partners.”

A New Standard for Digital Banking

The Dashen Bank Super App redefines the digital banking experience with its sleek design and robust functionality. It integrates personal and business banking services into a single, user-friendly platform, enabling customers to manage their finances seamlessly.

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Key Features of the Dashen Bank Super App:

  • All-in-One Banking: The app allows users to access multiple accounts, transfer funds instantly within and across banks, access credit services based on transaction history, and manage finances—all from one platform.
  • AI-Powered Onboarding: The app features an AI-driven self-onboarding process that verifies customer identities and performs liveness checks. This ensures accurate and up-to-date customer data while simplifying the onboarding experience.
  • Interest-Free Banking: In addition to conventional banking services, the Super App offers Sharia-compliant, interest-free banking options to cater to diverse customer needs.
  • Budget Management: A “Budget” feature empowers users to track spending across categories, offering insights into financial habits and enabling informed financial decisions.

Dashen Bank’s Super App represents a significant step forward in Ethiopia’s banking sector, combining advanced technology with a customer-centric approach to redefine digital banking services.

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