Tag: KCB M-Pesa
Safaricom Fuliza Revenue More Than Double the Profits From M-Shwari, KCB M-PESA at KES 2.8 Billion
Safaricom has three primary loan products; Fuliza, which it co-owns with NCBA and KCB, KCB M-PESA, and M-Shwari that it also runs alongside NCBA.
Fuliza...
NCBA and KCB To Use Respective Accounts, Including Mshwari and KCB M-PESA to Clear Fuliza Owed
Fuliza has been around for nearly three years now.
The overdraft facility helps Safaricom M-PESA customers complete payments or send cash to another person if...
New Safaricom Charges for Calls, SMS, Data, Fuliza, and Home Fibre
The new Excise Duty has gone into effect (as of July 1, 2021), following an amendment of the Finance Act, 2018. The adjustment saw...
Fuliza Revenue Overtakes KCB M-PESA, M-Shwari, Makes 4.5 Billion for Telco
Safaricom has several savings and lending products, some of which are co-owned with other lenders in the country.
More than one year ago, the carrier...
KCB CEO Oigara Hints Launch of Streamlined Loan Product with Safaricom
KCB and Safaricom are working on a product that will see M-Shwari, KCB M-PESA, Fuliza and M-PESA as a whole create a single platform...
Kenyans Borrowed KES 98 Billion in 2019 from KCB M-PESA as the Bank Reports Impressive Financials
KCB Group has finally lifted the lid for its financials for the past nine months ending September 2019. The lender posted a 6 percent...
Recent Interest Hike Erodes KCB M-PESA Customer Loyalty
Mobile loans and mobile loans apps have been making a killing in the Kenyan over the last couple of years. Their growth has been...
Borrowers to Pay More for KCB M-PESA Loans Following Rate Hike
There is no shortage of mobile loan apps in the Kenyan market. However, established players such as M-PESA have been in the space for...
Deep Dive into the Revamped KCB M-Pesa Facility
Digital mobile lending in Kenya is a space that is ever growing, whether the motivation is to push for financial inclusion or to simply...
Safaricom Set To Perform Third Major Upgrade On M-PESA From 30th June
Kenya’s Number 1 operator Safaricom has announced that it will perform a key upgrade on its wildly popular M-PESA platform for the next three...
The World of FinTech that Revolves Around M-Pesa and the Threat it Poses to Banks
Since M-Pesa was launched back in 2007, it is not a secret that lives have been changed. M-Pesa has changed how Kenyans do transactions,...
KCB Bank Has so Far Disbursed Kshs. 17 Billion in Mobile Loans as Mobile Accounts Grow to 8.3 Million
In March 2015, KCB and Telco Safaricom partnered to launch the KCB M-pesa account, a facility aimed at increasing financial inclusion through savings as well...
Safaricom Scraps M-Pesa Charges for Transactions Below Kshs. 100 with M-Pesa Kadogo
Safaricom has been keen to grow M-Pesa into more than just a mobile money transfer service and in turn growing into a tool for...
KCB Bank Seeks Facebook, Apple and Alibaba Partnerships to Create new Digital Payments Platform
KCB Bank is being very bold.
KCB issued Kshs 11.3 Billion in loans via KCB M-Pesa with customers Growing to 6.5 Million
In March 2015, KCB and Telco Safaricom partnered to launch the KCB M-pesa account, a facility aimed at increasing financial inclusion through savings as well...
KCB issued Kshs 6.7 Billion loans via KCB M-Pesa with customers Growing to 4.2 Million
In March, KCB and Telco Safaricom partnered to launch the KCB M-pesa account, a facility aimed at increasing financial inclusion through savings as well...
Here are Our Top Tech Stories this Week
This week has been interesting in Tech from both a local and global scale. We have lined up our top stories this week including...
KCB-M-Pesa Account Has 4 Million customers with Kshs. 4.2 Billion in Loans Issued
In March, KCB and Telco Safaricom partnered to launch the KCB M-pesa account, a facility aimed at increasing financial inclusion through savings as well...
