M-PESA MATURES: The Price of Success

William Carney

Research output: Memorandum/expositionTeaching caseAcademic

Abstract

This case explores the situation of M-PESA within the Kenyan mobile money market, illustrating the rapid growth and maturation of mobile money within the domestic market and the impact of rapid international diffusion. M-PESA has enjoyed a decade long period of success within the Kenyan market. It has become by far the dominant local player in the mobile money industry, and occupies what some in the market term a virtual monopoly position. This success may have prompted some lethargy on the part of the company as it has basked in its obvious success. Because of its market dominance, there are increasing comments about a monopolistic position. A recent financial consultant’s report even suggested spinning off M-PESA from the parent company Safaricom. The issue has received a great deal of press attention, both local and international. With arguments for and against divestiture, the subject was becoming increasingly sensitive.
Original languageEnglish
Number of pages13
Project No.319-0351-1
Publication statusPublished - 2019
Externally publishedYes

Publication series

SeriesRSM Case Development Centre
Number319-0351-1

Bibliographical note

Based on published sources; 13 pages.
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Series

  • RSM Case Development Centre

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