M-Pesa has been recognized 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. The 12-year old service further stood out by being recognized among the top 50 most influential projects in the last five decades.
More than 1,000 projects were considered by a group of 400 leaders in the global project management community, including PMI chapter leaders and members, as well as academics and industry experts.
To meet the standards of recognition, the project list identified efforts that changed the world, shaped lives, and altered the DNA of the organizations and the companies that launched them.
The list is part of PMI’s 50th-anniversary celebration that includes various activities to recognize the important role project management has played over the past five decades and celebrate where the profession is going.
M-Pesa’s impact extends through its ecosystem of more than 1,100 suppliers, 400 active dealers and more than 167,000 agents who benefit directly from the service.
It has also contributed up to Kes 75 billion in revenue to Safaricom and has grown to serve more than 26 million active customers today.