Julian King, VP and General Manager at Xoom Xoom, PayPal’s money transfer service, announced in December of 2020 that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment. Maisha254's Benson Kamau spoke to Julian King, Vice President and General Manager at Xoom, to find out what the firm has in store for the Kenyan market. What does this entry into the Kenyan market look to achieve? Mobile money services are a key tool to further the goal of financial inclusion which is instrumental in lifting the unde rserved population out of poverty—and for driving economic growth. We picked these initial set of countries as they have a high percentage of mobile money registered account holders. In Kenya, over 60 percent of adults have mobile money accounts. In 2021, we plan to introduce our mobile wallet to more countries across Africa. Why did...