MPesa, the mobile money service, has been an African product for 13 years. But it has not necessarily been run under African management. That is set to change. This week, Safaricom and Vodacom acquired the intellectual property rights to the MPesa brand from Vodafone. Through a joint venture deal, both companies now have “full control […]
In Kenya, mobile money is almost synonymous with Safaricom’s M-Pesa. With more than 110,000 M-Pesa agents in the country, the telecom has about 40 times the number of bank ATMs. No other mobile money service has been able to successfully challenge Safaricom’s dominance, but not from a lack of trying.
If you’re the type to play with lotteries, I found a service called 24Lottos, by Maxton Ltd. in the UK. They are a lottery aggregator of sorts, to give users access to USA Powerball, U.S Mega Millions, Euro Millions and a bunch of others. They’re able to do this through an army of (rigorously vetted, they […]
Uber Nairobi just launched a cash payments experiment. This is not unlike the one they did in India in May.
Kenyan bitcoin remittance startup, BitPesa has extended its operations to Tanzania.
M-Changa is a fundraising and crowd funding platform that seeks to enhance user experience and performance by providing secure and communication and record keeping capabilities for unprecedented end to end transparency. M-Changa has integrated mobile money and credit card payments, SMS, email, social networks and geo location. M-Changa co-founders, Kyai Mullei and David Mark, are effectively […]