Tag: M-Shwari
Safaricom Earned KES 107.7 Billion from M-PESA in 2022 as Customers Snub M-Shwari for Fuliza
Safaricom has many ways of making money. However, its biggest asset has been M-PESA, and all other products and services associated with it. The...
M-Shwari Set to Be Run as Different Company from Safaricom, NCBA
M-Shwari, which is owned by lender NCBA and telco Safaricom is set to become a standalone company in the coming days. This development was...
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...
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...
M-Shwari Picks A Two-day Maintenance Schedule to Fix Issues
M-Shwari services, which were launched many years in partnership with NCBA and operator Safaricom, were presented as a platform for people to save.
The product...
NCBA Maintenance to Affect M-Shwari Tonight
UPDATE
The maintence part was on the NCBA side (not Safaricom), which is part owner of the M-Shwari
Nevertheless, the exercise should be over by...
Safaricom Raises M-Shwari Loan Limit to KES 2000
Safaricom will no longer be issuing less than KES 2000 amounts in M-Shwari loans after raising the value to KES 2000 from KES 500. Smaller loan requests will be completed as Fuliza.
Why a Possible Fuliza Interest Reduction is Misleading for Safaricom Customers
Safaricom announced unaudited financial results for the six months ended September 30, 2019. The numbers were impressive after the carrier made a killing from...
TECNO’s Parent Company is Coming for Branch, M-Pesa Pockets
With the growth of mobile money services in Kenya and around a few African countries it is only natural for any company with the...
Kenya’s Finance Ministry to Introduce Regulative Framework for Digital Lenders
The success of mobile lending apps is, admittedly, attributed to the foundation laid by M-PESA services. It is, perhaps, the primary factor that such...
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,...
Commercial Bank of Africa to Partner with MTN in Launching M-Shwari Equivalent in Ivory Coast
In 2012, Safaricom partnered with Commercial Bank of Africa and unveiled M-shwari a product that runs off Mpesa and in the menu. M-shwari allows...
M-Shwari Propels Commercial Bank of Africa Profits up by 53%
In 2012, Safaricom partnered with Commercial Bank of Africa and unveiled M-shwari a product that runs off Mpesa and in the menu. M-shwari allows...
Mokash, the M-Shwari Equivalent in Uganda has 600,000 Users in 2 Months of Launch
In January 2016, Commercial Bank of Africa announced it had applied for a license from the Central Bank of Uganda with the view of launching...
My-Shwari App Helps You Keep Up With Your M-Shwari Loans In A Way You Never Thought You Needed
It can be such a hassle keeping up with M-Shwari deadlines and transactions. One cool app solves it all: My-Shwari.
Kenyan Loan App Mkopo Rahisi rebrands to Tala, eyes Regional Expansion
Kenya has been attracting Fintech solutions owing to the rise of Safaricom's M-Pesa mobile money platform. These solutions range from smartphone applications to simple...
M-shwari to offer Customers Emergency Medical Loans
Yesterday, we told you a partnership between Commercial Bank of Africa and mobile Health service provider Hello Doctor, seeking to deliver M-shwari customers with...
M-shwari Customers to Receive Health care Information on their Devices
In 2012, Safaricom partnered with Commercial Bank of Africa and unveiled M-shwari a product that runs off Mpesa and in the menu. M-shwari allows...
