Safaricom has introduced the most significant enhancement to its M-PESA platform since 2015, unveiling Fintech 2.0, a next-generation core system designed to enhance resilience, increase capacity, and drive AI-powered innovation.
This upgrade boosts the platform’s processing capability from 4,500 to 6,000 transactions per second, with the ability to scale up to 12,000 transactions per second as demand increases. Additionally, it incorporates an active-active architecture across multiple hosting sites, ensuring higher resilience and minimal service interruptions.
“This upgrade is a bold investment in the future of M-PESA and a reaffirmation of our commitment to innovation, resilience, and customer trust. By transitioning to Fintech 2.0, we are unlocking a platform that not only scales to meet today’s demands but also anticipates future opportunities,” stated Dr. Peter Ndegwa, Group CEO of Safaricom.
Fintech 2.0 integrates advanced artificial intelligence to enhance fraud detection, enable self-healing capabilities, and facilitate real-time monitoring. Its cloud-native infrastructure ensures faster performance, instant scalability, and rapid deployment of new products.
Since its launch in 2007, M-PESA has transformed from a basic money transfer service into Africa’s largest fintech ecosystem, supporting payments, savings, credit, insurance, remittances, and e-commerce.
Safaricom asserts that the new core platform will continue to drive growth and support Africa’s expanding digital economy, while remaining focused on its mission to make financial services simple, accessible, and inclusive for all.
