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M-PESA Hits 34 Million Customers In Kenya

Safaricom’s mobile money platform, M-PESA, achieved a major milestone in November 2024, crossing 34 million customers. Eighteen years since its launch, M-PESA has grown beyond a payment tool to become a comprehensive financial ecosystem, transforming the way Africans access financial services. Why This Milestone Matters M-PESA’s success lies in its ability to innovate and adapt…

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Premier Bank and Mastercard Revolutionize Digital Banking with Shari’ah-Compliant Cards

In a groundbreaking collaboration, Premier Bank, one of Kenya's leading Islamic financial institutions, has partnered with Mastercard to introduce a suite of Shari’ah-compliant debit, credit, and prepaid cards. This initiative aims to promote secure, inclusive, and innovative digital banking solutions, tailored to meet the diverse needs of Kenya’s population while adhering to Islamic financial principles.…

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