Timeline of M-Pesa financial inclusion scheme
| Year | Timeline of events |
|---|---|
| 2003 | Early conceptualization by Vodafone and Safaricom |
| 2005 | M-Pesa is officially launched as a pilot project by Vodafone (owners of Safaricom) in partnership with Commercial Bank of Africa (CBA) |
| 2007 | Full-scale launch of M-Pesa and expansion through a network of agents |
| 2008–2009 | Further growth and expansion of M-Pesa by enabling the receipt of remittances inflow. M-Pesa launches M-Shwari, a product that allows users to save and access small loans via their mobile phones |
| 2010 | International expansion of M-Pesa into Tanzania |
| 2011 | M-Pesa focused on increasing the number of people with access to basic financial services especially in rural areas |
| 2012 | M-Pesa is recognized globally for its success in driving financial inclusion |
| 2013 | M-Pesa teams partner with more commercial banks to create a broader mobile banking ecosystem |
| 2017–2020 | Launch of additional financial services, including mobile loans, insurance and expanded financial offerings |
| 2023 | Ongoing regional and global expansion |
| Year | Timeline of events |
|---|---|
| 2003 | Early conceptualization by Vodafone and Safaricom |
| 2005 | M-Pesa is officially launched as a pilot project by Vodafone (owners of Safaricom) in partnership with Commercial Bank of Africa (CBA) |
| 2007 | Full-scale launch of M-Pesa and expansion through a network of agents |
| 2008–2009 | Further growth and expansion of M-Pesa by enabling the receipt of remittances inflow. M-Pesa launches M-Shwari, a product that allows users to save and access small loans via their mobile phones |
| 2010 | International expansion of M-Pesa into Tanzania |
| 2011 | M-Pesa focused on increasing the number of people with access to basic financial services especially in rural areas |
| 2012 | M-Pesa is recognized globally for its success in driving financial inclusion |
| 2013 | M-Pesa teams partner with more commercial banks to create a broader mobile banking ecosystem |
| 2017–2020 | Launch of additional financial services, including mobile loans, insurance and expanded financial offerings |
| 2023 | Ongoing regional and global expansion |
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