Customers in a Unaitas branch.[Photo/unaitas.com]

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Savings and credit co-operative Unaitas is set to launch its own mobile banking application.

The application is aimed to lock revenues that it currently shares with an external vendor.

In a notice on Tuesday, Unaitas called for companies to bid for a contract to provide a mobile application. 

Unaitas has an already existing mobile banking app but wants to set up a new platform which it will own and host for its 400,000 active customers.

“We have been doing revenue sharing with the service provider but we have matured and we feel that we should have (an application) we can host on our own,” Unaitas chief executive Tony Mwangi is quoted by Business Daily.

Mr Mwangi said that he expected the new application to improve efficiency, guaranteeing members higher levels of uptime.