How to make Kenya’s next phase of mobile money a great success

Today, over 47 million Kenyans actively use mobile money, representing penetration of more than 90 percent of the adult population.

Kenya is often celebrated as the global blueprint for digital payments. And rightly so. Few markets can match the depth and everyday relevance of mobile money in Kenya.

Today, over 47 million Kenyans actively use mobile money, representing penetration of more than 90 percent of the adult population. This ecosystem is so embedded in daily life that it processes transaction values equivalent to 61 percent of Kenya’s GDP annually.

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