Celpay, which is powered by South African-based company Fundamo, launched in Zambia way back in 2002. That's a full five years before Kenya's mobile darling MPesa went live.
It was the first in a series of services aimed at banking the unbanked on the continent. In those 10 years, 100-million people have been newly 'banked' using mobile technology.
Back then Fundamo was an independent company. Today it's wholly owned by Visa after being bought out for US$110-million.
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