Mobile Money is a fast-moving space, and a lot happened in 2016. For those of you looking to catch up, here is our list of 10 things you need to know about mobile money. 1. It’s not only about Kenya: With 93% of the adult population registered for M-Pesa and 70% actively using the service […]
Why M-pesa
M-Pesa (M for mobile, pesa is Swahili for money) is a mobile phone-based money transfer, financing and microfinancing service, launched in 2007 by Vodafone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania. It has since expanded to Afghanistan, South Africa, India and in 2014 to Romania and in 2015 to […]