• Latest
  • All
  • How To
MD Sitoyo Lopokoyit Inducted in hall of fame

M-Pesa’s Sitoyo Lopokoiyit, to Be Inducted Into Digital Finance Hall of Fame

December 17, 2024
Apple-Glasses

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025
OpenAI

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025
Infinix GT 30 Pro

Infinix Unveils the GT 30 Pro with 120 FPS Certification for PUBG

May 22, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 22, 2025
DHgate Tablet Cases deals
Infinix XPad GT

The Infinix XPad GT Gaming Tablet Makes Its Debut at $400

May 22, 2025
Passport Application

How to Apply for a Kenyan Passport Online in 2025: A Complete Guide

May 22, 2025
google-chrome

Google Chrome Will Start Automatically Replacing Your Weak Passwords

May 22, 2025
telegram

Telegram Posts $540m Profit Despite Founder’s Legal Hurdles

May 22, 2025
ID Checks May Soon Be Required for Social Media in Kenya

ID Checks May Soon Be Required for Social Media in Kenya

May 21, 2025
Safaricom launches revamped business loans

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

May 21, 2025
huwaei-matebook-x-fold

Huawei Debuts Foldable Laptop Running on HarmonyOS 5

May 21, 2025
google-meet

Google Meet Brings Real-Time Language Translation with Gemini

May 21, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

M-Pesa’s Sitoyo Lopokoiyit, to Be Inducted Into Digital Finance Hall of Fame

Sakwa Kombo by Sakwa Kombo
December 17, 2024
in News
Reading Time: 2 mins read
256
0
MD Sitoyo Lopokoyit Inducted in hall of fame

M-Pesa Africa Managing Director, Mr. Sitoyo Lopokoiyit is to be inducted in the 11:FS Hall of Fame for his role in driving financial inclusion across Africa through M-Pesa. The mobile financial services expert has directly been responsible for managing and growing M-PESA in 7 markets in Africa.

For his exploits in the last 12 years at M-Pesa, Mr. Sitoyo is being immortalized in the world of fintech alongside two others. The Kenyan has made the 2023 list that has Sopnendu Mohanty from Singapore and Anne Boden from the United Kingdom.

M-Pesa has long been taunted as the genesis of mobile money solutions. The success of the platform has spurred the growth of digital innovations and has put Kenya on the spotlight as a tech hub for the last 18 years. Hence, it no surprise that the M-Pesa Africa boss is being feted.

The 11:FS Hall of Fame celebrates individuals worldwide who are positively influencing the digital finance industry. It is run by the 11:FS, an institution that has knowledge of the banking and digital finance world. Its experts have successfully launched over 20 global ventures.

It is expected that Mr. Sitoyo will be officially inducted into the Hall of Fame on the 15th of November. This will be during the 11:FS annual awards which are just in their second year. This puts the M-Pesa MD among the pioneer inductees. It will be a recognition of the CEO’s efforts to grow M-Pesa user base to 56 million customers.

M-Pesa Journey Under Sitoyo

M-Pesa has grown to be more than just a peer to peer platform to send and receive money. The M-Pesa API ecosystem has over 70,000 developers who have successfully integrated the mobile money platform with other digital solutions. The platform supports over 1 million businesses.

M-Pesa has also grown in terms of revenue and transactions volume. In the last financial year ending March, the platform contributed to about 40% of Safaricom PLC earnings. Credit facilities that are part of the platform have been introduced under Mr. Sitoyo. Fuliza for example has disbursed KES 701.5 billion since its launch in 2018.

M-Pesa is also the first mobile money platform to introduce standing orders feature.

The mobile money platform has also grown beyond Africa through partnerships like the recent one with Visa. M-Pesa also partners with other global players such as PayPal and Google.

While he continues to drive the expansion of the M-Pesa ecosystem, Mr. Sitoyo has also dedicated his time to several company boards in Africa. His recognition by 11:FS is hallmark of M-Pesa achievements in driving financial inclusion.

Tags: Safaricom
SendShare148Tweet93
Sakwa Kombo

Sakwa Kombo

My Bio is in my written articles.

Related Posts

Safaricom launches revamped business loans

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

May 21, 2025
Safaricom Quickmart partnership

Safaricom 4G and 5G Routers Now Available at Quickmart Stores

May 17, 2025
Safaricom 5G for Business

How Safaricom 5G is Revolutionizing Enterprise Connectivity

May 17, 2025
Safaricom-IXAfrica-Centres-1

Safaricom Partners with iXAfrica to Build Region’s First AI-Ready Data Centre

May 17, 2025
Kennedy Kachwanya, Chairperson BAKE

High Court Issues Ban on Internet Shutdowns by Government and Mobile Operators

May 14, 2025
Safaricom

Safaricom Breaks Barriers with $3B Milestone and Bold Ethiopia Play

May 9, 2025

Latest

Apple-Glasses

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025
OpenAI

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025
Infinix GT 30 Pro

Infinix Unveils the GT 30 Pro with 120 FPS Certification for PUBG

May 22, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 22, 2025
Infinix XPad GT

The Infinix XPad GT Gaming Tablet Makes Its Debut at $400

May 22, 2025
Passport Application

How to Apply for a Kenyan Passport Online in 2025: A Complete Guide

May 22, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

Introducing A Brainbox Quiz: Techweez’s Monthly Trivia Night!

5 Most Reliable Virtual Dollar Card Providers in Nigeria

More News

Google Chrome Will Start Automatically Replacing Your Weak Passwords

Telegram Posts $540m Profit Despite Founder’s Legal Hurdles

ID Checks May Soon Be Required for Social Media in Kenya

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

Huawei Debuts Foldable Laptop Running on HarmonyOS 5

Google Meet Brings Real-Time Language Translation with Gemini

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.