Safaricom and Huawei Win GSMA GLOMO "Best FinTech & Digital Commerce Innovation" Award

[Barcelona, Spain, March 4, 2026] During MWC 2026 Barcelona, Safaricom and Huawei were awarded the GSMA GLOMO " Best FinTech & Digital Commerce Innovation" for Ziidi Wealth Platform. This award recognises groundbreaking innovations in financial technology and digital commerce that are reshaping the way people and businesses access, manage, and exchange value. Safaricom and Huawei have collaborated in the mobile money for more than 10 years, providing comprehensive support for the mobile financial ecosystem in Africa, from wallets and payments to financial services. Ziidi is a money market fund (MMF) service launched by Safaricom in 2025, which provides a low-threshold, real-time, and secure digital investment solution for low- and middle-income people in Kenya, significantly improving financial inclusion. Huawei is co-developer for Ziidi solution and strategy partner for Safaricom M-PESA product.

Safaricom and Huawei jointly win the GSMA GLOMO “Best FinTech & Digital Commerce Innovation” award

In Kenya, traditional investment channels have high requirements and complex processes, making it difficult for low- and middle-income people to participate in investments. Ziidi MMF leverages the convenience and wide reach of M-PESA to offer customers a simple, faster, and smarter way to invest and grow their wealth. First, the entry threshold is low. The minimum investment amount is just 100 Kenyan shillings (approximately $0.77). Ziidi opens up access to wealth-building opportunities for millions who were previously excluded from formal investment channels. Second, Because Ziidi is fully integrated with M-PESA, investors can begin earning returns immediately and withdraw funds anytime without the traditional notice period associated with other funds, providing real-time transactions. Third, Interest is accrued and credited daily at midnight, giving users full transparency over their earnings and encouraging a culture of saving and reinvestment. Fourth, Ziidi’s operations are powered by Huawei’s robust digital infrastructure and supported by experienced independent asset managers, ensuring trust, scalability, and full compliance with Capital Markets Authority (CMA) regulations. While traditional funds cover only about 300,000 Kenyans, Ziidi has reached 4.3 million users in a short period, effectively transforming the mobile payment ecosystem into an investment gateway.

Stephen Chege, Chief External Affairs Officer of Safaricom, stated, "Safaricom is proud of wining GLOMO Award and we will continuous make innovations through M-PESA to digitalize Kenya’s people’s life”

" We are honored to win the GLOMO Best FinTech & Digital Commerce Innovation award in partnership with Safaricom. Huawei will continue to work with Safaricom to implement more mobile money innovation services. We will integrate assistant operations and intelligent credit scoring—leveraging converged data from BSS, OSS, and other systems to provide more convenient financial services to global users. This enables operators to advance toward a truly integrated digital lifestyle entry." said by Maurice Ma, President of Huawei Software Business Unit.

Over the last decade, Huawei’s Mobile Money solution has benefited 590 million users across over 40 countries globally. The solution uses a unique cloud-native distributed architecture, achieving 99.999% platform reliability and unlimited scalability, ensuring zero business interruption. the solution integrates AI-powered operations and intelligent credit scoring—leveraging converged data from BSS, OSS, and other systems. Additionally, the platform’s openness enables agile business innovation, accelerating the development of digital lifestyle gateways, and providing more convenient financial services to global users.

MWC Barcelona 2026 will be held from March 2 to March 5 in Barcelona, Spain. During the event, Huawei will showcase its latest products and solutions at stand 1H50 in Fira Gran Via Hall 1.

The era of agentic networks is now approaching fast, and the commercial adoption of 5G-A at scale is gaining speed. Huawei is actively working with carriers and partners around the world to unleash the full potential of 5G-A and pave the way for the evolution to 6G. We are also creating AI-Centric Network solutions to enable intelligent services, networks, and network elements (NEs), speeding up the large-scale deployment of level-4 autonomous networks (AN L4), and using AI to upgrade our core business. Together with other industry players, we will create leading value-driven networks and AI computing backbones for a fully intelligent future.

For more information, please visit: https://carrier.huawei.com/en/minisite/events/mwc2026/