Less than a month ago, Econet announced that it had connected a million subscribers on its mobile money platform, Ecocash. Yesterday, a Twitter update by the CEO of Pattern Matched, Markus Schorn, revealed that Econet has since signed on an additional 200,000 subscribers to the mobile money service since the March announcement . Pattern Matched is the supplier of the technology powering EcoCash.
Here’s the tweet:
well done Ecocash and Econet on going past 1,2 million clients today!
— Markus Schorn (@markusschorn) April 4, 2012
Even more interesting are the updates on Schorn’s Twitter feed which show how the service has grown since it launched back in September 2011. We got the figures from some of the updates and created this graph to illustrate the growth since launch.
You’ll notice the growth has been more or less constant since around November. From the updates we managed to see that’s at least 200,000 users each month since December. Some months had significantly more; the 25 January to 24 February period for example saw 269,000 users signing up for the service.
Here are more tweets that show other data like the number of non-EcoCash subscribers cashing out:
Nearly 10 000 new Ecocash users per day, 165 000! Plus over 11 000 unregistered! Go Go Ecocash
— Markus Schorn (@markusschorn) November 27, 2011
222 000 Ecocash users plus 16 000 anonymous cash-out users…. unbelievable growth
— Markus Schorn (@markusschorn) December 7, 2011
Ecocash 320 000 registered users andy 18 000 anonymous other network users!!
— Markus Schorn (@markusschorn) December 19, 2011