But there is also, equally clearly, a rather big difference between a cheap money-transfer system like M-PESA and a full lending bank like Citicorp.

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"I'm trying to transfer that energy to the other guys on the team, " Valdespin said.

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In Kenya, the M-Pesa mobile money transfer system was launched in 2007 and is now woven into the fabric of everyday life.

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The reason why I'm massively excited this morning is because it is transfer deadline day.

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Prominent examples include MoneyBox Africa and M-PESA, mobile-phone based money transfer services that allow customers to deposit and withdraw money, transfer money to others, pay bills and make purchases.

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On the mobile front, the mobile industry in Africa has been growing exponentially over the past few years, fueled largely by the emergence of M-Pesa, a mobile-based money transfer service used as a microfinance tool.

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Most of the citizen donations came through M-Pesa, a popular mobile-phone based money transfer service for Safaricom.

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Many African nations use systems such as M-Pesa, typically seen as a secure way to transfer funds quickly between individuals and businesses.

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Everybody is due a little blip and they got back on track on Saturday by beating a very good Colchester side, although I'm slightly surprised they haven't been more active in the transfer market with all the money they have raised from their Cup runs.

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In 2007, Safaricom launched M-Pesa (M for mobile and Pesa- a Swahili word for money) which lets users deposit, transfer and withdraw funds via text message.

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