Search Results for: fuliza
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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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.…
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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.…
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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…
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