Vodafone could spin off its popular African mobile money service M-Pesa, the company’s CEO told Bloomberg News on Friday (July 23). M-Pesa, which offers peer-to-peer...
In today’s top payments news around the world, Vinted has landed more than $300 million from investors, while Safaricom is reportedly in talks about harnessing...
Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s...
The eCommerce marketplaces have been a lifeline for businesses and consumers who want to transact under stay-at-home orders and while safely social distancing. These marketplaces...
This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of...
In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay...
Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development...
Safaricom, the largest telecom company in Kenya, said that it was going to waive fees for M-Pesa, the country’s largest digital money service, to help...
Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many...