Business

M-Pesa hits 34.4% revenue growth, 400K new customers

Mobile money giants, M-Pesa, announced a revenue increase of 34.4%, amounting to $106m in the second quarter of 2023. Vodacom CEO, Shameel Joosub, revealed that the company also grew its customer base with an addition of 400,000 new users. Currently, M-Pesa serves an impressive 51 million customers across seven countries, offering vital last-mile financial services. […]