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Safaricom acquires M-Pesa Holding from Vodafone

Safaricom acquires M-Pesa Holding from Vodafone

03/16/25, 5:50 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/KE.svgnairobi
https://purecatamphetamine.github.io/country-flag-icons/3x2/KE.svgnairobi
Industry
mobile payments
fintech
finance
financial services
Safaricom has completed the acquisition of M-Pesa Holding Company Limited from Vodafone Group PLC for a token amount of $1. This acquisition, finalized in October 2023, grants Safaricom increased control over the mobile money service. The process was initiated in April 2023, marking a significant step in Safaricom's business strategy.

Company Info

Company
Safaricom
Location
Nairobi, Nairobi County, Kenya
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