Mobile money

24 Articles
M-pesa history
SMART MONEY

Transforming Financial Inclusion: The Impact of M-Pesa in Kenya and Beyond 

Discover the profound impact of M-Pesa on financial inclusion in Kenya and beyond. Explore how this innovative mobile service revolutionizes transactions and shapes...

mobile money in Kenya
BUSINESSOPINION

Unlocking The Transformative Power Of Mobile Money 

This year the mobile money industry hit a milestone number of transactions and with continued collaboration between businesses, governments, operators, and the mobile...

Giant telco Safaricom had the lion's share of active mobile money accounts with 62.5 percent of them or 26.22 million being active over 30 days. [Photo/ Nairobi News]
FEATURED STORY

40 Million Mobile Money Accounts Abandoned Due To Loans

At least 40.93 million out of the 68 million registered mobile money accounts were inactive as of December 2021, new data by the...

WorldRemit International Women Day www.businesstoday.co.ke
SMART MONEY

#EachForEqual: Delivering Inclusive Financial Services for Women

Remittances sent and received by women are usually spent on household provisions and healthcare, which have indirect societal benefits. However, as women tend...

Terminal 1A at the Jomo Kenyatta International Airport in Nairobi.
FEATURED STORY

JKIA’s New Parking Management System to Improve Passenger Experience

Rehabilitating the terminals will see the (JKIA) increase its capacity to handle more than 10 million passengers from the current 7.5 million annually.

Tala Regional General Manager Ivan Mbowa. Just months after Tala celebrated its 5th anniversary, the fintech lender is promising a disruption of the digital lending sector as we know it. www.businesstoday.co.ke
SMART MONEY

Pain of Mobile Money Loans Drives Tala Down Road Less Travelled

Tala is promising a disruption of the digital lending sector just months after celebrating its 5th anniversary

A borrower receives a micro loan from Tala, a dominant digital lender in Kenya. Loan sharking tendencies by some mobile lenders are becoming a deterrent to people who would be interested in taking credit. www.businesstoday.co.ke
SMART MONEY

5 Ways to Pay Off Mobile Loans Quickly

Living in a country where unsecured loans are dished out by mobile money apps, it is easy to find yourself with huge debt. If...

An M-Pesa transaction in progress. Super profits that Safaricom makes come from a majority of Kenyans who are either living under the poverty line or those slightly above it. www.businesstoday.co.ke
SMART MONEY

Mobile Money’s Real Cost of Convenience Making You Broke

Super-profits that Safaricom makes come from a majority of Kenyans who are either living under the poverty line or those slightly above it

FEATURED STORY

Mobile money transfers hit Sh3.9 trillion

Kenya’s mobile money transfer landscape continues to soar by the year, with Ksh3.9 trillion being sent via the various platforms in 2018 up...