@Safaricom
Kenya’s largest telecom operator, Safaricom, has obtained an insurance license from the Insurance Regulatory Authority (IRA) after a four-year wait. With this approval, the company will launch a new product, Bima, for M-Pesa users, announced CEO Peter Ndegwa during the H1 2024 earnings call. This product aligns with Safaricom’s strategy to expand M-Pesa as a financial service provider and meet the digital needs of its customers.
Tags: #Kenya #Safaricom #MPesa #Insurance #Innovation
