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Originally published by Capital Business
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business
April 30, 2026
1mo ago

Kenya’s mobile money users hit 51.4mn

Kenya’s mobile money users hit 51.4mn

Data from the Kenya National Bureau of Statistics Economic Survey 2026 shows subscriptions increased by 21.4 percent, driven largely by a shift toward peer-to-peer transactions. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya experienced a significant surge in mobile money subscriptions, reaching 51.4 million in 2025, according to the Kenya National Bureau of Statistics (KNBS).

  • Mobile money subscriptions grew by a notable 21.4 percent.
  • The value of person-to-person transfers on mobile platforms soared to Sh8.66 trillion in 2025.
  • There's a discernible shift away from agent-based transactions, with deposits and withdrawals showing a decline.

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Kenya’s Mobile Money Users Hit 51.4mn - April 2026

Kenya experienced a significant surge in mobile money subscriptions, reaching 51.4 million in 2025, according to the Kenya National Bureau of Statistics (KNBS). The Kenyan insurance industry is rapidly transforming from a transactional model to a data-driven, personalized approach, driven by evolving consumer expectations and the rise of platforms like Netflix and Amazon. KCB Bank has launched a new mortgage product with single-digit interest rates specifically for individuals in Kenya's informal economy, aiming to boost homeownership.

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