Safaricom reports Ksh. 33 Billion net profit for the half year

Samson NderiNovember 9, 2020

Safaricom has announced a Ksh. 33.07 Billion net profit for the half year ended 30th September, 2020, this was a 6% drop in profitability from a similar period ...

1 min read

Safaricom hits milestone with 200,000 businesses using Lipa na Mpesa

Staff WriterOctober 9, 2020

Safaricom has hit a milestone with 200,000 businesses using their Lipa na M-PESA payment service. Lipa na M-PESA is a mobile payment service that enables busine...

2 min read

10 ways in which you can easily spot a conman

Faith WambuiSeptember 14, 2020

Almost every Kenyan has received a call or text from an unknown number claiming to have sent them money on M-Pesa by mistake, they then pressure you to send it ...

6 min read

Safaricom has launched a Lipa na Mpesa Business App

Samson NderiJune 18, 2020

Safaricom has launched a Lipa na Mpesa business app for its more than 170,000 merchants. The app names  “Mpesa for Business“, will empower business owners to ac...

1 min read

Safaricom partners with matatu operators to collect fares via M-PESA

Staff WriterMarch 23, 2020

Safaricom has partnered with public transport sector players in Kenya to accept cashless payments through M-PESA in the ongoing battle to combat the spread of t...

1 min read

Safaricom suspends charges for M-PESA transfers below Ksh. 1,000 in response to the Coronavirus crisis

Staff WriterMarch 16, 2020

Safaricom has announced that it has suspends charges for M-PESA transactions below Ksh. 1,000 in response to the Coronavirus crisis in Kenya. Kenya currently ha...

1 min read

Mpesa recognized as among the most influential finance projects over the last 50 years

Staff WriterOctober 9, 2019

Mpesa has been recognised as one of the Top 10 Most Influential Finance Projects of the last 50 years by Project Management Institute (PMI) in its 2019 Most Inf...

1 min read

Travel reservations provider Travelport now accepts Safaricom M-Pesa payments

Staff WriterAugust 27, 2019

Safaricom has partnered with travel reservation provider Travelport to enable travel consultants and agents to directly bill and pay with Safaricom M-PESA. ...

1 min read

Tala receives Ksh. 11B in funding to reach more customers

Staff WriterAugust 22, 2019

Mobile loan service Tala has received Ksh. 11 billion ( USD 110 Million) series D funding to expand its business operations in the countries it operates in. ...

2 min read

15 places you can get quick loans in Kenya

Samson NderiJuly 24, 2019

We have all at one point in time been in a situation where we needed some cash to sort out something urgently. The quickest source of this cash is family and fr...

12 min read

How to get a loan from the NIC Bank mobile banking service

Staff WriterJuly 24, 2019

NIC Bank in Kenya now offers loans to its customers via its mobile banking service. The loan is available via the NIC NOW App and also via USSD. To get a loa...

2 min read

Digifarm set to outgrow Mpesa in five years

Staff WriterJuly 19, 2019

Safaricom has indicated that their mobile agriculture platform DigiFarm is projected to outgrow Mpesa in the next five years. The platform which was launched...

1 min read

Mobile loan service Tala celebrates 5 years of existence

Staff WriterJune 17, 2019

Mobile loan service Tala has celebrated 5 years of existence having first launched in the Kenyan market in 2014. The loan service was initially known as Mkop...

2 min read

14 places you can get quick loans in Kenya

Richard MureithiMay 7, 2019

We have all at one point in time been in a situation where we needed some cash to sort out something urgently. The quickest source of this cash is family and fr...

11 min read

How get a salary loan from MCo-op Cash by Co-op Bank

Staff WriterApril 30, 2019

MCo-op Cash is a product of the Co-operative Bank of Kenya (Co-op Bank). It is a service that allows Co-op Bank customers to access banking services and also lo...

1 min read

Small and Medium hospitals to access financing for purchase of General Electric medical equipment

Staff WriterApril 23, 2019

General Electric Healthcare (GE) has partnered with Medical Credit Fund (MCF) part of the PharmAccess group to enable small and medium private healthcare provid...

1 min read

Adoption of M-Pesa payments by County Governments raises revenue by 30%

Staff WriterMarch 8, 2019

Safaricom has stated that the cashless system that has been adopted by the county governments has led to diminished leakages and boosted revenue by up to 30%. T...

1 min read

NSSF partners with Safaricom to enable payments via Mpesa

Richard MureithiMarch 4, 2019

The National Social Security Fund (NSSF) has announced a partnership with Safaricom in which members will be able to pay for their contributions via Mpesa. This...

2 min read

Safaricom partners with KAPS to enable payment of parking fees via M-pesa

Richard MureithiFebruary 7, 2019

Ever been in a situation where you need to pay for parking but don’t have coins or notes in small denominations? Or had an old note that the machine kept reject...

1 min read

Safaricom’s Fuliza facility gives out loans worth over Ksh. 1 Billion in just 8 days

Richard MureithiJanuary 18, 2019

Just a few days after Safaricom launched Fuliza, it has caught on so well that  it exceeded the telco's expectations. In just 8 days, it managed to acquire over...

1 min read

Safaricom’s overdraft facility, Fuliza now goes live after getting CBK approval

Richard MureithiJanuary 10, 2019

Ever been in a situation whereby you bought say groceries in the supermarket but when It came time to pay via Mpesa, you get that annoying insufficient balance ...

1 min read

How get a loan from MCo-op Cash by Co-op Bank

Staff WriterNovember 8, 2018

MCo-op Cash is a product of the Co-operative Bank of Kenya (Co-op Bank). It is a service that allows Co-op Bank customers to access bank services and also loans...

0 min read

How get a loan from Safaricom Fuliza

Richard MureithiNovember 6, 2018

Safaricom recently announced the introduction of Fuliza, an M-Pesa overdraft facility for its customers, which is in partnership with Commercial Bank of Africa ...

1 min read

How to get a loan from Branch

Richard MureithiNovember 4, 2018

Branch is a loan app by Branch international. The company describes itself as a for profit socially conscious company based in San Francisco and Nairobi. To ...

1 min read

How to get a loan from KCB MPesa

Richard MureithiNovember 4, 2018

KCB Mpesa is a partnership between Kenya Commercial Bank (KCB) and Safaricom. It is a virtual mobile based bank account that allows customers to borrow micro lo...

0 min read

All you need to know about Safaricom’s M-Pesa Overdraft facility Fuliza

Staff WriterNovember 4, 2018

Safaricom announced the introduction of Fuliza, an M-Pesa overdraft facility for its customers, at the announcement of their half year results. Fuliza will e...

1 min read

How to get a loan from Tala

Staff WriterAugust 28, 2018

Tala, formerly Mkopo Rahisi, is a product of Inventure which was founded by Shivani Siroya who is also the current CEO. The service gives loans of upto Ksh. 50,...

1 min read

How next of kin can access Mpesa money when their loved one dies

James WamathaiAugust 24, 2018

In case you are wondering what happens to a deceased person's MPESA balance, we came upon the procedure to claim the same. Safaricom requires that the next of k...

3 min read

4 reasons why you should download the HF Whizz App

Richard MureithiJuly 31, 2018

When Housing Finance launched their HF Whizz app last week, I thought to myself here goes another banking app. However, the app has actually made an impression ...

3 min read

Housing Finance launches HF Whizz, a digital banking product

Richard MureithiJuly 25, 2018

Housing Finance yesterday launched their digital financial services platform aptly named HF Whizz. The company which started out as a mortgage company some 52 y...

2 min read

Corruption and how it affects the ordinary mwananchi

Samson NderiJuly 19, 2018

Corruption has become so pervasive in our country that one often feels the urge to just pack up and go. However, if we all left who would be left to right the w...

3 min read

New M-Pesa charges effective July 1 2018

James WamathaiJuly 1, 2018

Safaricom has today adjusted their M-Pesa charges. According to the company, the change was necessitated by the Finance Bill 2018 which raises the excise tax on...

5 min read

How to top up PayPal via M-Pesa in Kenya

James WamathaiApril 9, 2018

You can now be able to top up your PayPal account via M-Pesa in Kenya. To top up your account, you need to do the following: 1. Have a PayPal account. 2....

1 min read

Barclays Bank launches Timiza, a digital banking platform

Richard MureithiMarch 17, 2018

With the advent of technology, consumers are looking for convenience and efficiency while interacting with a product. This has seen many businesses move to the ...

2 min read

The LIVIA app makes it super easy to order medicine

Samson NderiMay 29, 2017

It is often said that the one can only be sure of two things, death and taxes. Well, I would like to add one more that is a sure thing for any mortal. Falling s...

4 min read

Safaricom takes on Visa and Mastercard with NFC enabled M-Pesa card

Richard MureithiMay 10, 2017

Safaricom has today launched  a new payment proposition called Mpesa 1 Tap. M-pesa 1 Tap reduces the number of  steps a customer requires to make Lipa Na M-pesa...

2 min read

Growth in M-Pesa & data revenues drives Safaricom’s net profit to Ksh. 48.4B

Richard MureithiMay 10, 2017

Safaricom has today announced their results for the year ended 31st March 2017 and as usual they have not disappointed having posted a net income of Ksh. 48.4 B...

1 min read

Meet Sudan, The World’s Most Eligible Bachelor

Richard MureithiMay 8, 2017

Imagine if you were among the last surviving members of your species and also the last male. Also imagine if due to your old age you had no way of furthering yo...

4 min read

The M-Pesa Foundation Academy is now accepting applications for their 2018 class

Richard MureithiApril 27, 2017

The M-Pesa Foundation Academy is now taking applications for its 2018 class. The institution is a state-of-the-art co-educational and residential 8-4-4 secondar...

2 min read

CBA’s 2016 net profit rises by 87% to Ksh. 6.7 Billion

Richard MureithiMarch 31, 2017

Commercial Bank of Africa (CBA) released their full year 2016 results yesterday in which the bank realized an 87% increase in profits from Ksh. 3.5 Billion in 2...

1 min read

M-PESA has given customers value of Ksh. 160 billion in 10 years of existence

Richard MureithiMarch 7, 2017

M-pesa yesterday marked 10 years since it was launched on 6th March 2007. To some of us it feels like it has been around forever. A true earnings report done by...

2 min read

M-Pesa now has a transaction charge notification feature in compliance with CAK order

Richard MureithiFebruary 16, 2017

Some time back there was furor on Social Media when people came to learn that the Lipa na M-pesa service had hidden charges. The bone of contention was that Saf...

1 min read