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M-Pesa hits 50 million customers as Africa’s largest FinTech platform
M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest FinTech platform – an amazing feat on the continent. Launched more than 14 years ago in... read more
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Vodacom takes M-Pesa brand global with over 200 destinations
VODACOM’s mobile money platform, M-Pesa now enables customers to receive money from over 200 countries across the world directly into their M-Pesa wallet. Speaking in Dar es Salaam during an... more
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Vodafone finalise sale of M-Pesa to Safaricom and Vodacom
Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... more
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Mobile money accounts now higher than total Kenyan population
It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... more
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Mobile money transactions equivalent of half of Kenya’s GDP
Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... more
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