Posts Tagged ‘m-pesa’
“A lot of entrepreneurs are losing focus and directing their energies towards getting funding from venture capitalists.”
Safaricom has ventured into the restaurant business by launching an M-Pesa payments platform for restaurant bills.
“Many of these startups will fail and that will not be a bad thing because with it will come learning. Even M-Pesa did not become a success overnight.”
“M-Shwari is a transformational service: saving is no longer the privilege of an elite.”
Shannon May, a co-founder of Bridge International Academics, tells Kate Douglas about how her company is educating Africa’s children, while building a profitable business.
Bob Collymore, CEO of Kenyan mobile network operator Safaricom, answers our questions.
Africa’s mobile money industry has seen a flurry of activity since the launch of Kenya’s M-Pesa platform in 2007.
Dinfin Mulupi talks to Oscar Ikinu, co-founder of Kenya’s fast-growing mobile money platform Tangaza.
More and more companies operating in Kenya are allowing their customers to pay for products and services using the M-Pesa mobile money platform.
“I am more of a consultative manager. I talk a lot to staff. The staff know the solutions customers want, I do not. I am not a boardroom kind of leader.”
Despite its success in East Africa, mobile money transfer service M-Pesa is struggling to take off in South Africa.
Despite the exciting developments in the continent’s mobile money transfer space, there is still a lack of knowledge among many Africans about the use of the technology.
Kenya’s mobile services giant Safaricom has signed a partnership with Western Union that will allow M-PESA’s 13.5 million subscribers to receive international money transfers from 45 countries and territories worldwide.
M-PESA has won the Mobile Money for the Unbanked Award at this year’s Global Mobile Awards, which was held last week in Barcelona.
M-Pesa agents in Kenya can now acquire unsecured bank loans, to expand their businesses, from KCB following a partnership agreement between the bank and mobile operator Safaricom.