The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to ZiG58, 8 million from ZiG95,8 million comparable period the previous year. However, the new model generated ZiG22 million in its initial six months.
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InnBucks’ new subscription model drags earnings

INNBUCKS Microbank Limited (InnBucks)’s decision to charge a flat US$1 monthly fee on unlimited transactions to customers on its wallet service boosted active users, but significantly cut back on fees income during six months to December 31 2024.The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to…

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