14 Sep

High costs weigh heavily on remittances to Africa

Market research shows costs associated with sending remittances to the continent are some of the highest in the world.

VCL Financial Services launches M-Pesa App

According to the financial services provider, customers can use the M-Pesa service and complete transactions even when they are without data.

M-Pesa notches up 50m customers

The number of transactions grew to 4.5 billion in the quarter - with a total transaction value of €63 billion.
Aug 20, 2021

Digital wallets give rise to African ‘super apps’

Across the continent, digital wallets have evolved into so-called super apps, which have diversified beyond money management, says Omdia.
Jul 12, 2021

Vodacom Lesotho restructures M-Pesa division under new financial services venture

M-Pesa service will operate under an independent, newly established VCL Financial Services.
Jun 23, 2021

Safaricom launches M-Pesa Super App

Company sees this as a pre-cursor to more widespread uptake of the product across the continent.
May 24, 2021

Vodacom Tanzania links voice recognition with M-Pesa

Company has launched SautiPass which is based on the use of voice as a password for customer authentication.
May 18, 2021

Surge in remittances as Africa’s battle with COVID-19 continues

There are now more digital channels offering remittance delivery straight into bank and mobile wallet accounts.

Vodacom Tanzania preps to pay out M-Pesa customers

Mobile operator announces dividend payment to subscribers of the service over the past year.
Nov 24, 2020

M-Pesa joins United for Wildlife Financial Taskforce

First African Fintech platform to affiliate with organisation.