Vodacom news and trends

Vodacom Intros New Cash Advance Product to Benefit Underbanked 
Financial Inclusion // August 30, 2022

Digital and financial services solutions firm Vodacom is introducing a new cash advance product to give people who are underbanked fast access to funds. VodaLend Cash Advance complements other offerings in the VodaLend financial services product suite, including VodaLend Compare, Voucher Advance and Airtime Advance,...

VodaPay App Boosts Vodacom’s Quarterly Revenue 12.5%
Earnings // February 01, 2022

South African wireless network provider Vodacom said the company’s VodaPay app, which debuted in October, is the centerpiece of its quarterly growth for the three months ending Dec. 31, which saw its revenue jump 12.5% to 2 billion South African rand (about $131 million), according...

Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles...
News // April 07, 2020

In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay afloat during the coronavirus, and the Paycheck Protection Program (PPP) is experiencing setbacks due to technical issues and demand. Plus,...

Safaricom, Vodacom Acquire M-PESA Payments Platform
Partnerships / Acquisitions // April 06, 2020

Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone Group PLC through a joint venture, the companies said on Monday (April 6.) “This is...

Quick Reads
Vodacom Intros New Cash Advance Product to Benefit Underbanked 

August 30, 2022
Digital and financial services solutions firm Vodacom is introducing a new cash advance product to give people who are underbanked fast access to funds. VodaLend Cash Advance complements other offerings in the VodaLend financial services product suite, including VodaLend Compare, Voucher Advance and Airtime Advance, according to a Tuesday (Aug. 30) press release. It’s available […]

VodaPay App Boosts Vodacom’s Quarterly Revenue 12.5%

February 01, 2022
South African wireless network provider Vodacom said the company’s VodaPay app, which debuted in October, is the centerpiece of its quarterly growth for the three months ending Dec. 31, which...

Safaricom, Vodacom Acquire M-PESA Payments Platform

April 06, 2020
Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone...

Vodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa

May 24, 2019
Kenya’s Safaricom has announced that it is partnering with Vodacom to acquire the intellectual property rights to the M-Pesa mobile financial services platform. Last year Safaricom launched a new Bonga...