M-Pesa (M for mobile, pesa is Swahili for money) is a mobile phone-based money transfer, financing and microfinancing service, launched in 2007 by Vodafone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania.

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Safaricom introduces M-Pesa transaction overdraft 'Fuliza'

Safaricom #ticker:SCOM will from next week introduce an overdraft facility for customers after M-Pesa and data services pushed up its half-year net profit by 20.22 per cent to Sh31.5 billion. The overdraft service — known as Fuliza — that was piloted ...

- nation.co.ke

Independent Online

Safaricom plans M-Pesa entry in new African market

INTERNATIONAL – East Africa's biggest company by market value plans to introduce its M-Pesa mobile-money service in at least one other market by the end of its financial year in March. Safaricom intends to recruit people with mergers and acquisitions ...

- Independent Online

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