Can Open APIs Accelerate the Digital Finance Ecosystem?

Safaricom announced it would finally open access to its M-PESA API in the summer of 2015. What makes Safaricom’s announcement significant is the opportunity it presents for developers to build applications that use mobile money to facilitate payments for new types of services. An open API will likely spur more innovation in products and services using M-PESA as a payment platform. Read this analysis from CGAP for more information.