Vodacom’s $548 billion mobile money business shows fintech is driving its future

Vodacom, a pan-African technology group, processed nearly $548 billion in mobile money transactions over the past year, signalling that the telecom giant’s future lies beyond phone calls and data bundles. In a trading update for the quarter ended June 30, 2026 , released on Monday, the company said its mobile money platforms, including Safaricom’s M-PESA, processed nearly $548 billion in transactions over the 12 months to June 30, 2026. The milestone comes weeks after Vodacom completed its acqui