How M-Pesa in Kenya Transforms Mobile Banking

One of the world’s earliest mobile finance systems originated in Kenya, where people bank with their mobile phone providers. More on The Future with Hannah Fry.

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[bolarinwaaluko]

Great to see someone from the west finally appreciate what has been a low tech consumer driven solution that has stood the test of time. Hopefully it will be studied and standardized for others to copy.

[LupusB]

Sibel Kusimba's book "Reimagining Money: Kenya in the Digital Finance Revolution" is a great deep-dive into M-Pesa and other systems of mobile money in Kenya, including how they're built on (and build on) traditional Kenyan systems of wealth and exchange.

[donkan]

Subscribed because of bringing to light this lesser known fact.

[SeyoDeline]

I remember hearing about this some years ago. Brilliant idea 💡

[muratt]

What were the volumes?

Could the transferred minutes be converted into money again?

[salimmachila]

Few years back Mark Zuckerberg visited Kenya and wanted to buy Mpesa but was rejected 😮

[Marcus.]

Mobile bank old concept. India start mobile bank system in 2016 but fail in India