Vodacom and Safaricom buy M-Pesa platform from UK-based Vodafone
The brand is the largest payments app in Africa with 40-million users, processing over a billion transactions every month
06 April 2020 - 19:02
SA’s largest mobile operator, Vodacom, and Kenya’s biggest telecom company, Safaricom, said on Monday they have completed the acquisition of Kenya’s phone-based money transfer app, M-Pesa, from Vodafone through a newly created joint venture.
M-Pesa is said to be the largest phone-based payments platform in Africa with 40-million users, processing more than a billion transactions every month, according to Vodacom...
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