Launched in 2007 by Vodafone and Safaricom, Africa's largest telecommunications provider, M-Pesa (M for mobile, pesa is Swahili for money) is a revolutionary mobile money service. It allows users to store value in a secure digital account, send and receive money, pay for goods and services (Lipa na M-Pesa), settle bills, and access savings and credit facilities, all from a simple mobile device without needing a traditional bank account. Originally launched in Kenya, it has become one of the most successful mobile money services in the world, significantly contributing to financial inclusion across Africa and other emerging markets.

Founded in

Kenya