Topic: Fuliza
NCBA net profit grows to Sh5.3 billion in Q1 2024 as credit losses drop significantly
May 22, 2024 at 09:39 PM
NCBA Group PLC has reported a robust profit after tax of Sh5.3 billion for the first quarter of 2024, reflecting a 5 per cent increase from the Sh5.1 billion achieved during the sa...
Safaricom's Fuliza flexes market muscle, edges out rivals in micro-loan segment
Feb 27, 2024 at 08:08 PM
Kenya's digital credit market is witnessing a significant shift as Safaricom's Fuliza overdraft facility emerges as the dominant player, leaving other providers trailing behind....
Equity Bank's new overdraft facility set to challenge Safaricom's Fuliza dominance
Jan 16, 2024 at 05:58 PM
Equity Bank Kenya customers can now enjoy a revolutionary financial tool as the bank introduces Boostika, an unsecured overdraft facility that enables account holders to overdraw b...
Safaricom's M-Pesa set to revolutionize mobile payments with standing orders
Sep 04, 2023 at 09:42 AM
In a groundbreaking announcement, Safaricom's Chief Information Officer (CIO), George Njuguna, has unveiled plans to introduce standing orders to the M-PESA mobile money platform, ...
Peter Ndegwa says Safaricom resilient after Sh315 billion turnover milestone
May 19, 2023 at 11:23 PM
Peter Ndegwa, the Chief Executive Officer of Safaricom, has affirmed that the announced results are robust, given the challenging economic environment....
Fuliza, M-Shwari loan defaulters happy as NCBA considers waiving over Sh5.5 billion
Nov 25, 2022 at 02:46 PM
Mobile loan facilities Fuliza and M-Shwari loan defaulters have a reason to smile after the NCBA Group announced it will waive over Sh5.5 billion in defaulted loans under the Centr...
Safaricom mulls removing its blacklisted subscribers from CRB
Oct 19, 2022 at 01:49 PM
A section of Kenyan mobile subscribers has a reason to smile after the leading telco in the country Safaricom announced its intended move to remove about 4 million of its subscribe...
4 million defaulters to be ejected from CRB listing by November, Ruto says
Sep 28, 2022 at 05:55 PM
President William Ruto has announced that about 4 - 5 million Kenyans who have been blacklisted in the CRB will be out of the listing by the beginning of November....
Safaricom slashes Fuliza interest charges
Sep 28, 2022 at 01:34 PM
Kenyans will now enjoy zero daily maintenance charges for the popular Fuliza overdraft facility for transactions below Sh1,000 in the initial three days of borrowing from October 1...
Safaricom's Fuliza enrols 1 million more customers raising loans to Sh502.6 billion
May 13, 2022 at 04:00 PM
More Kenyans have enrolled on the country’s most popular telco Safaricom’s overdraft service Fuliza with over 1 million individuals signing up for the service over the past 12 ...
Kenyans borrowed Sh967 million daily through Fuliza during pandemic
Oct 06, 2020 at 06:38 AM
Kenyans borrowed Sh967 million daily through Fuliza during pandemic...
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