M-Pesa processes more than 61 million transactions a day, making it Africa’s largest fintech provider. Vodafone Group said M-Pesa has attracted 42,000 external developers to create additional services for the mobile money platform.
In 2021, M-Pesa Africa launched the M-Pesa Super App and M-Pesa Business Super App which enables any business on the service to run a virtual storefront providing their services through M-Pesa Mini Apps.
More than 9 million customers and 320,000 businesses have downloaded the M-Pesa Super App since its launch.
“M-Pesa is a great example of how a regional platform can evolve and grow to meet and anticipate customer needs using smartphone technology,” Nick Read, Chief Executive Officer, Vodafone Group said in a news statement.
M-Pesa Africa is revamping the M-Pesa platform to support additional digital services and development of new products. The platform revamp includes expansion of the M-Pesa APIs to provide developers with access to the service enabling them to deploy more innovations on the service.