0
Wireless

Safaricom plans to take Fuliza service to 7 more countries

Tuesday 19 March 2019 | 10:28 CET | News
Kenyan operator Safaricom has announced plans to take its M-Pesa overdraft service, Fuliza, to seven other African countries, reports Business Daily. These include Tanzania, Lesotho, Ghana, the Democratic Republic of Congo (DRC) and Mozambique, where Safaricom's mobile money service M-Pesa is already available through its parent company, Vodacom.  M-Pesa services are also available in India through Vodacom. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Safaricom / Vodacom
Countries: Kenya
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Safaricom regrets M-Shwari encouraged more borrowing than saving

Published 28 Oct 2019 09:29 CET | Kenya
Kenyan operator Safaricom's interim CEO Michael Joseph has expressed disappointment at the direction some of its mobile credit ...

Google finance app rules could affect Kenyan mobile loans

Published 27 Aug 2019 13:11 CET | Kenya
Google has released a new application that is expected to affect the booming mobile lending app industry in Kenya, reports The ...

Safaricom users borrow KES 81 bln through Fuliza in H1

Published 26 Aug 2019 10:05 CET | Kenya
Safaricom says its customers borrowed KES 81 billion in the first six months of 2019 via its Fuliza overdraft facility, The ...

Safaricom, Vodacom to buy back M-Pesa rights from Vodafone

Published 24 May 2019 08:44 CET | Kenya
Kenya operator Safaricom will start a joint venture with sister company Vodacom to acquire the intellectual property rights to ...

Kenyan banks launch mobile loan pilot targeting small enterprises

Published 21 May 2019 11:14 CET | Kenya
Five Kenyan banks have launched the pilot phase of a mobile loan product targeting micro, small and medium scale enterprises ...

Safaricom's Fuliza could lend KES 200 billion in first year, making it major lender - analysts

Published 04 Mar 2019 13:29 CET | Kenya
Safaricom's M-Pesa customers are projected to borrow up to KES 200 billion through its new Fuliza overdraft service over the next ...

Vodacom Lesotho offers free Facebook data with Facebook Flex service

Published 07 Feb 2019 13:40 CET | Lesotho
Vodacom Lesotho announced its partnership with Facebook to launch Facebook Flex, a connectivity service that the companies claim ...

Tanzanian mobile money subscribers up 4.7% in Q3

Published 18 Jan 2019 09:21 CET | Tanzania, United Republic of
The number of mobile money subscribers in Tanzania rose by 4.7 percent during the third quarter of 2018, The Citizen reported. ...

Vodacom Tanzania partners with Mastercard on M-Pesa virtual card

Published 12 Sep 2018 09:59 CET | Tanzania, United Republic of
Vodacom Tanzania has partnered with Mastercard and BancABC to introduce the M-Pesa virtual card. The card will allow M-Pesa ...

Econet Lesotho scraps Ecocash charges on airtime purchase

Published 10 Jul 2018 10:03 CET | Lesotho
Econet Lesotho has scrapped charges on airtime purchases through the company's mobile money service EcoCash from July, the ...