Search Results for: fuliza
-
News
Airtel Kenya has finally put a launch timeline on its Fuliza rival, but winning customers may take much longer
Airtel Kenya has finally put a timeline on one of its most anticipated financial products. The operator says its mobile…
Read More » -
News
Fuliza Is Becoming Embedded in Kenya’s Digital Economy
Small financial gaps increasingly get resolved through a mobile overdraft sitting inside a payments platform already woven into daily life.…
Read More » -
News
NCBA Expands Through Fuliza and Digital Loans as Usage Intensifies
NCBA Group recorded a 20.2 percent digital loans profit growth to reach Sh8.9 billion in the year ending December 2025.…
Read More » -
News
Airtel Kenya Tries to Crack a Digital Credit Market Long Shaped by Fuliza
When Airtel Money Kenya says it wants a slice of the digital overdraft market, it is not entering open ground.…
Read More » -
News
Safaricom Announces Scheduled Fuliza System Upgrade
Safaricom has announced a brief, scheduled system upgrade for its widely used Fuliza overdraft service, as new figures reveal the…
Read More » -
News
Fuliza, Kamilisha, and the New Logic of Credit in Kenya’s Always-On Mobile Economy
Kenya’s appetite for quick credit has turned digital overdrafts into a financial mainstay. What began as a mobile money convenience…
Read More » -
News
Farmers Abandon Hustler Fund as Banks and Fuliza Become the New Go-To Credit Sources
Kenyan farmers are shifting away from the government-backed Hustler Fund and microfinance lenders, turning instead to banks and digital loans…
Read More » -
News
Safaricom extends Fuliza to business owners on Lipa Na M-PESA
After launching Fuliza to all subscribers on its mobile money platform M-Pesa in January 2019, Safaricom is now extending the…
Read More » -
News
Eight suspects arrested by DCI in KSh.500 million M-Pesa Fuliza fraud scheme
Detectives from the Directorate of Criminal Investigation (DCI) have arrested eight suspects in a high-profile fraud scheme where telecommunications firm…
Read More » -
News
Safaricom now lets you withdraw your Fuliza balance at M-Pesa agents
Fuliza, the overdraft facility from Kenya’s leading telco Safaricom is one of the most popular digital loans and its ease…
Read More » -
BUSINESS
Fuliza restructured, here is everything you need to know
Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility. Fuliza…
Read More » -
BUSINESS
Safaricom Processes an average of six Loans Per Second on Fuliza
Safaricom ’s overdraft facility, Fuliza, was launched in 2019 but now processes an average of six transactions per second. In…
Read More » -
BUSINESS
Fuliza M-Pesa Overdraft Facility is finally here: Everything you need to know
Safaricom has now made it possible for M-Pesa customers to send money or pay for goods and services even when…
Read More » -
News
Inside I&M Bank’s push to go ‘digital fast’
Every month, about 25,000 people open an I&M Bank account without filling in a form. They need only a national…
Read More » -
News
MTN wants banking licences as Africa’s telecoms and banks converge around your money
MTN is considering becoming a bank in some of its biggest African markets, a move that could take the telecom…
Read More » -
News
Safaricom’s Esther Waititu Departs After Leading M-PESA’s Platform Expansio
Safaricom Plc Chief Financial Services Officer Esther Waititu will leave the telecommunications company on July 31, bringing to a close…
Read More » -
News
The Business Behind M-Pesa Africa Is Finally Profitable After Years of Expansion
M-Pesa Africa has reported its first profit from operations since Safaricom and Vodacom created the joint venture, marking an important…
Read More » -
News
Kenya’s New VAT Push Could Reshape the Cost of M-Pesa Transfers
The Treasury has proposed a new 16 percent VAT charge on companies that facilitate digital payments in Kenya, opening the…
Read More » -
News
M-PESA GlobalPay Visa Card Crosses 316,000 Active Users in Kenya
The number of Kenyans actively using the M-PESA GlobalPay Virtual Visa Card jumped 62.1% in the year ended 31 March…
Read More » -
News
Kenyan Farmers Keep Borrowing but the Hustler Fund Is Losing Its Place
Farmers in Kenya are borrowing more to finance their operations but are stepping back from the Hustler Fund, according to…
Read More » -
News
Safaricom’s FinTech 2.0 Buildout Pulls Developers Into the Core
Safaricom PLC has outlined a deeper push into platform infrastructure with its FinTech 2.0 strategy, positioning its systems as a…
Read More » -
BUSINESS
M-Pesa at 19: How Kenya’s Mobile Money Pioneer Reshaped Payments and Everyday Finance
M-Pesa at 19 years after its launch shows how a simple mobile money transfer tool evolved into the core infrastructure…
Read More » -
TRENDING
M-PESA’s Core Upgrade and the Architecture of Safaricom’s Next Phase
Safaricom has entered a period defined by engineering decisions rather than spectacle. The upgraded M-PESA platform sits at the centre…
Read More » -
News
As Banking Goes Fully Digital, Kenya’s Lenders Return to the Ground to Rebuild Connection and Trust
The story begins with a phone. What started as a tool for calls and social chatter became the main gateway…
Read More » -
BUSINESS
Co-op Bank Joins Kenya’s Digital Overdraft Race With Kamilisha
When the Co-operative Bank of Kenya rolled out its new overdraft product, Kamilisha, it wasn’t just launching another loan facility.…
Read More » -
News
As Kenya’s Phone Banking Race Intensifies, Apps Begin To Redefine Everyday Money
Phones changed a habit and then a system. Over recent years the handset stopped being just a tool for calls…
Read More » -
News
Airtel Refund Case and Viral Kenyan Thread Reveal Why Mobile Money Reversals Remain a Major Headache
Mobile money is one of Africa’s great innovations. But its speed and simplicity have created a stubborn headache: what happens…
Read More » -
News
M-Pesa Platform Upgrade: How Safaricom Plans to Future-Proof Africa’s Leading Mobile Money Service
Safaricom’s latest M-Pesa platform upgrade isn’t just a technical milestone—it’s a bet on the future of African finance. The telco…
Read More » -
BUSINESS
M-PESA Sokoni Caravan Rolls into Nairobi for Grand Final
Safaricom’s nationwide M-PESA Sokoni Caravan has made its entry into Nairobi, marking the final leg of its countrywide tour. The…
Read More » -
News
World MSME Day 2025: How Safaricom is Enabling Kenyan MSMEs to Scale
As the world marks World MSME Day 2025, the spotlight turns to the micro, small, and medium-sized enterprises that form…
Read More » -
BUSINESS
Safaricom Unveils M-PESA Sokoni Festival Offers for Customers
As Safaricom celebrates its year-long 25th anniversary in October this year, the telco has announced a nationwide campaign, “M-PESA Sokoni…
Read More » -
News
NCBA Digital Loan Disbursements Hit KES 307 Billion in Q1, 2025
NCBA Group has recorded a significant growth in its digital lending business, disbursing KES 307 billion in digital loans in…
Read More » -
News
Safaricom Expands MSME Credit Solutions: M-PESA Loans to Support Small Businesses in Kenya
Safaricom is shaking up business lending in Kenya with an upgrade to its MSME credit solutions, designed to give small…
Read More » -
News
NCBA Disbursed KES 751 Billion In Digital Loans in Q3 2024
NCBA Group disbursed KES 751 billion in digital loans in the third quarter of 2024, an 8% increase compared to…
Read More » -
News
NCBA Bank Kenya Wins 2024 Global SME Finance Award
NCBA Bank Kenya has been named the winner of the 2024 Global SME Finance Award solidifying its position as a…
Read More » -
News
CBK Licenses 7 More Digital Credit Providers
The Central Bank of Kenya (CBK) has issued operating licenses to 7 new Digital Credit Providers (DCPs). This now brings…
Read More » -
News
Hustler Fund: How to apply and everything else you need to know
The Hustler Fund finally went live this week. President William Ruto launched the digital financial initiative on November 30th which…
Read More » -
News
Safaricom, NCBA back President Ruto’s push to delist loan defaulters from CRB list
Safaricom, NCBA bank and other partners have agreed to back the government’s plan to delist Kenyans who are negatively listed…
Read More » -
News
Telkom Kenya Joins the Mobile Lending Frenzy With T-Kash Loan
Mobile service operator Telkom Kenya is gearing to launch a mobile loan service to take a slice of the fast-growing…
Read More » -
BUSINESS
Safaricom’s Mobile Money Service M-Pesa Crosses 30 Million Monthly Active Customers in Kenya
Safaricom’s mobile money service M-Pesa has crossed 30 million customers using the service every month in Kenya. The milestone comes…
Read More » -
BUSINESS
Safaricom Seeks Regulatory Approval on new Financial Products
Kenya’s largest telco Safaricom has applied for regulatory approval on three new financial products that will expand its product offerings.…
Read More » -
BUSINESS
Safaricom Launches Pochi La Biashara, a new M-PESA Product for Small Business Owners
Safaricom celebrated its 20th birthday yesterday with the company launching a new campaign. The company also launched a new product…
Read More » -
BUSINESS
Safaricom and NCBA Differ on Lowering M-Shwari Interest Rates
Amid pressure to cub predatory mobile lending platforms from the regulator, Safaricom and its partner NCBA have differed on cutting…
Read More » -
News
M-Shwari Raises the Minimum Loan Limit to Ksh 2000
M-Shwari, a mobile lending product from Safaricom in partnership with NCBA, has raised its minimum loan limit to Ksh 2000.…
Read More » -
CYBER SECURITY
Safaricom Now Notifies You When Someone Tries To Register a SIM Card Using your ID
SIM swap frauds are pretty common in Kenya but Safaricom has been stepping up its game to tackle the menace.…
Read More » -
COLUMNS
[Column] Building the Intelligent Telco Enterprise – Growth opportunities for African telecoms operators
While the telco industry may have seen its traditional revenue streams decline further in 2018, thanks in part to the…
Read More »