M-Shwari
![L-R: NCBA Group Managing Director John Gachora, Safaricom PLC CEO Peter Ndegwa, President William Ruto, Central Bank of Kenya (CBK) Governor Patrick Njoroge and KCB Group PLC Group CEO Paul Russo during a press briefing after a September event to announce lower charges on the Fuliza overdraft service. President William Ruto shakes the hand of Safaricom CEO Peter Ndegwa after meeting with the telco and banks executives over Fuliza charges review. [PHOTO | DIANA NGILA | NMG]](https://businesstoday.co.ke/wp-content/uploads/2022/10/ruto-telco.jpg)
M-Shwari is Changing – Here’s How
M-Shwari is planning to shift to a risk-based lending model, a major break from the current model where all customers play a flat...
MARTIN SIELE1 Mins read
How Safaricom Messed Up With Mobile Loans – Michael Joseph Explains
Former Safaricom Chairman and CEO Michael Joseph has doubled down on his criticism of the mobile lending sector in Kenya. Safaricom boasts of...
MARTIN SIELE2 Mins read
![Capturing market share will be a tall-order for Telkom, whose mobile money service T-Kash commands a mere 0.1% of the market according to CBK data. [Photo/ TechArena]](https://businesstoday.co.ke/wp-content/uploads/2022/06/images-2022-06-27T114817.508.jpeg)
Telkom Challenges M-Shwari Dominance With New Mobile Loans
Telkom is set to venture into mobile lending as the loss-making telco turns to new revenue streams to achieve profitability. The service will...
MARTIN SIELE2 Mins read
Former Safaricom CEO Takes A Swipe At Fuliza
Fuliza, an overdraft facility offered by NCBA Bank and KCB through Safaricom's M-Pesa is one of the fastest-growing overdraft facilities in Kenya. According...
BT Reporter2 Mins read
Safaricom’s New 5% Loan Offer – All the Details of Halal Pesa
Safaricom on Wednesday, March 30 unveiled its first Sharia-compliant mobile loan, offered in partnership with Gulf African Bank. Known as Halal Pesa, the...
MARTIN SIELE1 Mins read
NCBA Overhauls M-Shwari Core Infrastructure
NCBA has overhauled its M-Shwari service with a major upgrade of its core platform in a successful switchover that took place between November...
BT Reporter2 Mins read
M-Shwari and Fuliza Are The Biggest Lenders to SMEs
M-Shwari and Fuliza have emerged as the biggest lenders to Kenyan Micro, Small and Medium Enterprises (MSMEs) in 2020 elbowing Tala and Branch...
Samuel Gitonga2 Mins read
M-Shwari Transfers Loans Below Sh2,000 to Fuliza
Stung by defaults, NCBA and Safaricom have resorted to raising the minimum amount of money a user can borrow from M-Shwari to Ksh2,000,...
BT Reporter2 Mins read
Tala’s Sudden Exit From Tanzania Sends Chills in Digital Lending Market
Digital credit provider Tala has halted operations in Tanzania after failing to gain traction in the market, in a move that turns focus...
BT Reporter2 Mins read
