The Solid Rock Group of professionals registered InterCurrent (K) Limited to, among other things, provide professional financial, research, training and advisory services under the trade name InterCurrency. The business is an innovative limited liability company registered in Kenya and working to catalyse investment, growth and development by, among other things, minimising money transfer costs and time; promoting a savings culture; advising on investment opportunities and projects; managing assets; engaging in research and providing training as well as facilitating the speedy processing of crucial documents.
Mission: Among other things, InterCurrency exists to catalyse development by minimising money transfer/remittance costs, providing reliable investment advisory services and maximising return on investment through excellent asset management services.
Vision: To be a global asset management company of high repute offering excellent range of investment advisory and management products with professionalism and sustainability occupying a central place in all its operations.
Our Clients: Persons remitting small – medium amounts of money whose needs are inadequately catered for by the established players; time-pressed owners of assets seeking management services; investors seeking economic/market analysis services; persons desirous of saving for investment; and financial institutions seeking training for their staff. Due process is followed to guard against money laundering and handling of proceeds from crime.
History
From humble beginnings as a financial and investment advisory service in 2006, our operations have grown to serve an ever increasing number of clients undertaking various activities on the African continent but with a strong focus on East Africa. The original organisation was known as M-ReC and had a strong focus on finding out and disseminating information on investment opportunities, useful business development services for micro, small and medium enterprises (MSMEs) as well as alternative household livelihood strategies.
In 2007, M-ReC began to offer advisory services to investors and business persons from the European Union who had their eyes on the East African market as well as Kenyans in the diaspora who wanted to invest or promote development activities in their home country. In response to client requests, M-ReC initiated an advice mechanism for foreigners preparing to travel to East Africa (issues covered included business environment and culture, travel requirements, visa issues etc). The business also provided information to Kenyans in the diaspora seeking to procure various documents from their home country (e.g. process of getting educational levels attainment in the 8-4-4 system recognised and taken into account when joining the German educational system).
In 2010, M-ReC added academic and market research activities to its menu of products. This arose from the difficulty experienced by many researchers from Anglo-phone countries seeking to join German universities (where the official language is German) and therefore seeking contacts with supervising professors; and increased enquiries from universities as well as international companies seeking diverse types of information. In the same year, M-ReC began to support importers of machinery, electrical and electronic equipment by speeding up communication and payment processes (especially foreign currency payments). Meanwhile, it was observed that established money transfer services did not adequately serve a sizable group of customers and that the transfer services could be improved. This saw the introduction of ‘Orders from Abroad‘, the service that evolved into the InterCurrency Service (International Currency Transfer).
InterCurrent Limited which currently owns the InterCurrency Service was registered in 2013 under the Company Laws of Kenya (Cap 386). In the year 2017, the company adopted the Companies Act 2015 Laws of Kenya under which it currently operates.
Through professionalism and honesty, the InterCurrency Services continues to see a rising number of clients. Senders of money love our fair exchange rate policy and low fees while the beneficiaries love the fact that InterCurrency understands that even very small amounts can make a great difference to somebody in Kerio Valley seeking to travel to a referral hospital, a pupil at Senator Barack Obama Secondary School in Nyangoma Kogelo seeking to register for Kenya Certificate of Secondary Education or the caretaker in Mombasa watching over the property belonging to an investor working in the European financial hub of Frankfurt am Main. We preserve value and the money arrives just in time via MPESA, banker’s cheques and deposits into bank accounts.