Safaricom PLC maintained that Fuliza, an overdraft facility offered under M-Pesa, is automatically reviewed and issued under the discretion of NCBA and KCB bank.
Safaricom's M-Pesa transaction value grew by 21.2% to over KSh 35 trillion in the financial year 2022/2023, as it its volume increased by 33.5% to 21 billion.