Dec 5, 2012

70,000 M-Shwari mobile bank accounts opened on first day of operation

More than 70,000 new M-Shwari accounts were opened on the first day of operation.

M-Shwari is a virtual banking platform that allows M-PESA users to operate savings accounts, earn interest on deposits, and borrow money through M-Pesa using their mobile phones.

Read more on the Nation.