Posts Tagged ‘mobile money’

Kenya’s Co-op Bank mobile app loans hit Sh8.7 billion

Co-operative Bank says the number of mobile loans it is processing daily doubled in the past year to 1,000 bids in the period to June 2017, highlighting Kenya’s growing uptake of mobile-based lending. The lender attributed this to the ease and convenience of getting credit via the M-Co-op Cash mobile app that has seen the […]

Survey, Desktop vs Tablet vs Mobile: which device leads in Africa?

There is a place we all go to on a daily basis, some people once or twice a day whereas others let it consume their lives, taking up every waking moment of their existence. It is of course the internet. The internet provides users with a plethora of content and interactions and has become a […]

Tips to keep yourself safe when banking online

The ease and convenience of banking on a mobile device is undeniable. However, this luxury does not come without any risk as cyber crime continues to plague various industries by taking advantage of the unknowing consumer. This threat has seen banks make a concerted effort to educate their customers about the risks that they face […]

M-Pesa at 10: Africa leads the world in mobile money

Launched by telecommunications group Vodafone/Safaricom in 2007, M-Pesa (“pesa” is Swahili for “money”) has become a way of life for 30 million Africans in 10 countries. More than 80% of Kenyans use the service. The network also enjoys market dominance in Tanzania and Uganda. The ingeniously simple method of money transfers made via cellphone messaging […]