Nov 9, 2012

Safaricom Announces 9.7 million active users of M-PESA

Safaricom has reported a 113% jump in first-half pretax profits driven largely by increasing customer numbers and M-PESA mobile money transfer service.

M-PESA now  has 15.2m registered customers; 9.7m of whom actively use M-PESA at least once every month.

There are over 45,540 M-PESA agents countrywide.

M-PESA now makes up 18 per cent of total revenues for Safaricom.