Kenya · Mobile Money · Est. 2007
Africa's pioneering mobile money platform that revolutionised financial services by enabling P2P transfers, bill payments, merchant payments, savings, and loans via basic SMS or smartphone app — no bank account required. Launched by Safaricom in Kenya in 2007, M-Pesa now serves 60M+ active users across Kenya, Tanzania, DRC, Mozambique, and other African markets. It processes more transactions than many traditional banking systems and has become a textbook case study in financial inclusion, reaching unbanked populations through mobile-first design and agent networks. Note: Data follows Safaricom's fiscal year ending March (e.g. "2025" = April 2024 – March 2025).
| Capability | Status |
|---|---|
| QR Code Payments | ✓ |
| Wallet Support | ✓ |
| 24/7 Availability | ✓ |
| Cross-Border | ◐ |
| ISO 20022 | — |
| Request to Pay | ✓ |
| Open API | ✓ |
| Alias/Proxy | ✓ |