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Safaricom’s M‑PESA Shifts Toward Financial Services as Telco Backbone

Safaricom’s M‑PESA Shifts Toward Financial Services as Telco Backbone
Image: Kenya Today

Safaricom’s six‑month results to 30 September 2025 show M‑PESA revenue now driven mainly by payments and merchant services, signalling a pivot to a financial‑services platform attached to its telecom network.

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