M-Pesa hits 50m active users in Africa

Safaricom’s flagship mobile money platform M-Pesa has hit 50 million active customers in Africa, boosting its position as the continent’s largest fintech company.  M-Pesa is run by Safaricom and Vodacom and is now available in Kenya, Tanzania, Mozambique, the Democratic Republic of Congo (DRC), Lesotho, Ghana and Egypt. It provides customers with access to the widest agent network across the continent with more than 430,000 agent outlets and cashless payments in more than 400,000 businesses.