Cash handled by mobile money agents up 10 percent to Sh8.6trn

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The value of cash handled by mobile-money agents has increased in the year that ended last month

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Cash sent and received via mobile money platforms jumped by 10.25 percent to Sh8.6 trillion in the year that ended last month, amid removal of restrictions on moving money from M-Pesa to Airtel Money.

Data from the Central Bank of Kenya shows cash moved via money platforms jumped from Sh7.8 trillion in the year that ended June 2023.

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Note: The results are not exact but very close to the actual.