Mobile overdraft facility Fuliza outshines Silicon-Valley backed lending apps in Kenya

A digital mobile overdraft facility christened Fuliza, by Kenya’s biggest telco Safaricom Plc, is giving the country’s popular loan apps a run for their money barely three years after its launch. Fuliza allows Safaricom customers to access unsecured credit by overdrawing on M-Pesa – the telecommunication’s mobile money wallet that allows its users to pay bills, send, receive and withdraw money through their phones.

Link: Mobile overdraft facility Fuliza outshines Silicon-Valley backed lending apps in Kenya
via techcrunch.com

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