Safaricom/Vodafone

Courtesy of Safaricom

    M-Pesa, the pioneering money transfer service this duo launched in Kenya in 2007, now claims more than 30 million customers in 10 countries, mostly in remote areas far from banks. More than 8 million of those users are in India, where state governments are employing M-Pesa to pay pensions to rural retirees, eliminating the delays and crime risks that come with shipping cash.

    Company Information

    Impact SegmentEconomic Opportunity/Financial Inclusion
    SectorTechnology
    IndustryTelecommunications
    CEORobert Collymore/Vittorio Colao
    Websitewww.safaricom.co.ke/
    Employees6,130
    Company TypePublic
    Revenues ($M) (Last Fiscal Year)$2,269
    Profits ($M) (Last Fiscal Year)$538
    Market Value ($M)$11,339