Mobile money users in Kenya rise by 2mn to 53.4mn
Latest data from the Communications Authority of Kenya shows mobile money subscriptions rose from 51.4 million recorded in the previous quarter, representing a 3.9 percent growth...
✨ Key Highlights
Mobile money subscriptions in Kenya have surged by 2 million to reach a total of 53.4 million in the third quarter of the 2025/26 financial year.
- Mobile money subscriptions grew by 3.9 percent, reaching 53.4 million users.
- Safaricom dominates the market with 89.1 percent of total mobile money subscriptions and its M-Pesa platform processed transactions worth Sh41.68 trillion in the last financial year.
- The number of registered mobile money agents saw a significant increase of 20.2 percent, rising to 602,470.
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Family Bank Debuts on NSE With Sh29.9bn Valuation - June 2026
Family Bank has officially debuted on the Nairobi Securities Exchange (NSE), marking a significant moment for the Kenyan financial sector and its capital markets. Mobile money subscriptions in Kenya have surged by 2 million to reach a total of 53.4 million in the third quarter of the 2025/26 financial year. The National Treasury faces intense pressure to disburse Sh68.5 billion to county governments within the next month to meet constitutional obligations before the close of the financial year. Separately, Kenya has secured a substantial Sh22 billion financing package from Japan to bolster its automotive sector and implement energy reforms.
