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6 results for "mobile money"
Kenya just approved a major privacy upgrade that could protect 37 million people from scammers. M-Pesa will now mask phone numbers during transactions, blocking fraudsters who've been stealing this data to drain bank accounts.
Safaricom is turning its mobile money platform into a complete financial powerhouse, letting millions of Kenyans invest in stocks with just their phones. With AI fraud protection and 100 million daily transactions, the company is proving Africa's digital revolution is here.
Only 3% of Africans have insurance, leaving millions vulnerable when disaster strikes. Six innovative startups are using mobile money and smart tech to protect over 20 million people across the continent.
Zambians can now pay for rides and food delivery without cash after Yango partnered with Flutterwave to bring seamless digital payments to everyday services. The move supports a country where mobile money transactions hit $5.3 billion in March alone.
Sitoyo Lopokoiyit, who transformed M-PESA from a simple money transfer tool into Africa's most powerful financial super app serving 37 million users, is moving to lead personal banking at Absa Bank Kenya. His five-year journey turned mobile money into a complete financial ecosystem where millions now save, invest, and build businesses.
Millions of Ugandans in remote areas can now access banking without traveling for hours, thanks to mobile technology and local agents. A farmer can check their balance, receive payments, and apply for loans using just a basic phone.