M-PESA has been recognised as one of the Top 10 Most Influential Finance Projects of the last 50 years by Project Management Institute (PMI) in its 2019 Most Influential Projects list. M-Pesa has been placed at position 9.
M-Pesa has grown its influence, facings ups and downs to emerge as the largest mobile money platforms not only in Kenya but around the world. The platform now boasts of 31.8 million users in Kenya.
M-Pesa’s impact across the country has been felt through various transactions being carried out by Kenyans with the platform accounting for more than 80 percent of all mobile money transactions in Kenya.
The platform has more than 1,100 suppliers, more than 400 active dealers and more than 167,000 agents across the country.
M-Pesa is the largest revenue earner for Safaricom having contributed 75 billion shillings in the last financial year.
“We are proud to be named alongside the icons in the PMI’s Most Influential Projects list, which celebrates transformative ideas from the past 50 years and the teams that bought them to life,” said Safaricom in a statement on Twitter.
Among the most influential projects in the world, position one was taken by the World Wide Web followed by Apollo 11. Position 3 went to Intel 4004 while position four and five went to the Euro (currency) and Human Genome Project respectively.
Here is the list of the first 20 most influential projects in the world: