Kenya’s Fuliza surpasses Silicon Valley-backed loan apps

Three years since it was launched, Kenya’s top telecom Safaricom Plc’s Fuliza mobile overdraft service is challenging the country’s popular loan apps. Through the app, users can acquire risky loans by overdrawing on M-Pesa, a money wallet, which allows its users to pay bills, transfer, receive, and withdraw money using their phones. As of now, … Continue reading Kenya’s Fuliza surpasses Silicon Valley-backed loan apps