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ADI Foundation Partners With M-Pesa to Bring 60+ Million Mobile Money Platform Users Onchain

BeInCrypto
The ADI Foundation partnered with M-Pesa Africa to deploy ADI Chain infrastructure for over 60 million mobile money users across eight African markets.

Summary

The ADI Foundation, which operates MENA's first institutional Layer 2 network, has partnered with M-Pesa Africa to integrate blockchain infrastructure for M-Pesa's 60+ million monthly users across eight African countries, including Kenya, Egypt, and Tanzania.

The collaboration aims to build digital rails for individuals and SMEs, leveraging M-Pesa's established mobile money network to expand financial access beyond traditional banking, addressing the high rate of unbanked adults in sub-Saharan Africa.

ADI Chain is designed with embedded regulatory compliance, operational efficiency, and institutional security, utilizing ZKsync's Airbender technology. This partnership is a key step toward the ADI Foundation's goal of onboarding one billion people to blockchain by 2030, providing a model for integrating blockchain capabilities into existing mobile money platforms.

(Source:BeInCrypto)