US EditionSafaricom earmarks $300 million for M-PESA upgrade as it marks 18th anniversary
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Safaricom earmarks $300 million for M-PESA upgrade as it marks 18th anniversary
Safaricom, Kenya’s leading telecommunications company, has announced a $300 million (KSh 40 billion) investment to upgrade its flagship mobile money platform, M-PESA, as it celebrates its 18th anniversary. Launched in March 2007, M-PESA has grown from a pioneering mobile money transfer service in Kenya to Africa’s largest fintech solution, serving over 70 million customers across over 170 countries. The upgrade, dubbed “M-PESA 2.0”, is set to en…
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