Tag: Safaricom launches innovation center to come up with new products

Safaricom launches innovation center to come up with new products

Safaricom launches innovation center to come up with new products

Mobile, Startups
Safaricom, Kenya’s leading mobile network operator, and provider of the nation’s mobile money service, M-Pesa, has launched a new innovation center in Nairobi. According to Chief Innovation officer, Kamal Bhattacharya, a priority of the centre, dubbed Safaricom Alpha, is to identify spending patterns on M-pesa and turn those insights into additional Safaricom products. “Safaricom’s unique in that we have telco services and a financial services platform that connect nearly every household in Kenya largely on the basis of trade,”said Bhattacharya. He added they would like to move beyond M-Pesa by leveraging its power as a social network to connect people to other product solutions. Photo Credits: Safaricom has 73 percent of the Kenya’s mobile subscribers. Its M-Pesa fintec