The 2026 GSMA GLOMO Awards in Barcelona have officially recognized the next frontier of African fintech. Safaricom and Huawei were honored with the "Best FinTech & Digital Commerce Innovation" award for their collaborative project, the Ziidi Wealth Platform. This recognition at MWC 2026 marks a significant milestone in the evolution of M-PESA from a mobile money transfer service into a sophisticated financial ecosystem.
Ziidi, which launched as a Money Market Fund (MMF) in 2025, has rapidly dismantled traditional barriers to investing in Kenya. By allowing users to invest as little as 100 Shillings ($0.77) with real-time liquidity and no transaction fees, the platform has successfully reached over 4.3 million users in a record timeframe. The platform’s infrastructure, powered by Huawei’s cloud-native digital architecture, ensures 99.999% reliability and seamless integration with the existing M-PESA app.
The award highlights a broader trend in African tech: the transition from "unbank...
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