Safaricom has announced a significant upgrade to its M-Pesa platform, launching Fintech 2.0, a new core system.

• The upgrade will increase transaction capacity from 4,500 to 6,000 transactions per second, with potential to scale to 12,000.
• The project aims to boost resilience, expand capacity, and integrate artificial intelligence to combat fraud.
• Felix Rop, HOD Financial Services IT at Safaricom Plc, highlighted the evolution of M-Pesa.