M-PESA offers $55m in credit, nonperforming loans daily
The mobile money platform provides more than $55 million in loans each day, with a nonperforming loan level of less than 2%.
Staff Writer
|
2:10
2:10
Safaricom launches accelerator programme for local startups
The Spark Accelerator Programme will use an ecosystem-based approach to find and accelerate firms, employing a team of specialists who understand market dynamics and new technologies.
3:00
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.
2:10
Safaricom launches M-Pesa Super App
Company sees this as a pre-cursor to more widespread uptake of the product across the continent.
2:00
M-Pesa and Safaricom are not parting ways
Interim CEO M-Pesa Africa dismisses claims of intention to separate entities.
1:50
Safaricom expects DigiFarm to outperform M-Pesa in five years
Initiative one of several targeting Africa's agriculture sector with digitisation being the core objective.
1:50
Safaricom launches anti-fraud API for mobile transactions
Intention to formulate a framework to share user information with financial institutions.