Kenya’s Mobile Money Users Hit 53.4 Million

Kenya’s mobile money sector has continued to expand at a steady pace, reinforcing its position as one of the most advanced digital payments...

SABRINA BT2 Mins read

OPINION

The Next Phase of Mobile Money Success is Overcoming Fragmentation

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

BEATRICE OKEYO3 Mins read

SMART MONEY

Transforming Financial Inclusion: The Impact of M-Pesa in Kenya and Beyond

M-Pesa, launched in Kenya in 2007 by Safaricom, is a revolutionary mobile financial service that has dynamically transformed African economic landscapes. This innovative...

BT Reporter6 Mins read

BUSINESS OPINION

Unlocking The Transformative Power Of Mobile Money

During the last decade, rapid digitisation has revolutionised the financial industry globally, through the advent of innovative services such as mobile banking apps...

ASHLEY OLSON ONYANGO3 Mins read

Giant telco Safaricom had the lion's share of active mobile money accounts with 62.5 percent of them or 26.22 million being active over 30 days. [Photo/ Nairobi News]

40 Million Mobile Money Accounts Abandoned Due To Loans

At least 40.93 million out of the 68 million registered mobile money accounts were inactive as of December 2021, new data by the...

BT Reporter1 Mins read

WorldRemit International Women Day www.businesstoday.co.ke

SMART MONEY

#EachForEqual: Delivering Inclusive Financial Services for Women

Remittances sent and received by women are usually spent on household provisions and healthcare, which have indirect societal benefits. However, as women tend...