PESA, now has 40 million customers in Kenya. The milestone comes in light of its 19 years of driving financial inclusion.

Safaricom CEO Peter Ndegwa [holding a phone]Safaricom’s mobile money platform M-Pesa has reached 40 million monthly active users in Kenya, marking a major milestone as the service celebrates 19 years ...

When Indian Prime Minister Narendra Modi announced a Ksh322 billion Line of Credit to Kenya in December 2023, the move looked at first like a familiar gesture of development finance. But it marked ...

Consumer choices of goods and services will be embedded into the M-Pesa app in the new product, Lopokoiyit says. The offer, planned within the next 12 months, will probably be launched first in Kenya ...

When thinking about the future of money, many of us now invariably have thoughts about bitcoin. Where is it going? What role might it play in our financial lives? No matter what you think about it, ...

“M-PESA”: that is a name in global fintech history that can never be erased. Not that anybody would want to. Forever it will be the perfect example of a viable financial ecosystem based on rules ...

Forbes contributors publish independent expert analyses and insights. I cover the opportunities for the US coming from the developing world. Nearly a decade after its launch, M-Pesa has transformed ...