Kenya’s Mobile Money Competition to Heat Up

Friday, March 7, 2014

Kenya’s largest telecoms provider Safaricom dominates the mobile money space in Kenya with its M-Pesa service. There are 25.1 million mobile money users in Kenya, according to the Communications Commission in Kenya (CCK).

According to Kyai Mullei, co-founder of mobile fundraising tool M-Changa, the market for mobile money transfers; though, is about to change.

Source: IT Web Africa (link opens in a new window)

digital payments, financial inclusion, mobile finance