Mobile money services has increased the proportion of Kenyans accessing financial services to 82.9 per cent, showing the significance of services such as M-Pesa and Airtel money in the economy.
The rise, contained in the 2019 Financial Access (FinAccess) Household survey, is from 75 percent in 2016 and 27 per cent in 2006, leaving only 11 percent with no access to any formal financial service.
