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Originally published by Tech Arena
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tech
June 24, 2026
1d ago

Kenya Adds 2 Million Mobile Money Users in Three Months

Kenya Adds 2 Million Mobile Money Users in Three Months

Kenya added 2 million mobile money users in Q3 2026 as subscriptions hit 53.4 million, with M-PESA driving growth in digital investments and financial services...

✨ Key Highlights

Kenya's mobile money sector experienced robust growth in the January–March 2026 quarter, adding approximately 2 million new users. This surge reflects a sustained adoption of digital financial services across the nation.

  • Mobile money subscriptions rose to 53.4 million, a 3.9% increase from the previous quarter.
  • Safaricom, the market leader, accounts for 89.1% of these subscriptions, boosted by its M-PESA Fintech 2.0 platform upgrade.
  • The number of mobile money agents also saw significant expansion, growing by 20.2% to over 602,000.

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