Mobile money transaction value in Kenya 2019-2020 by transaction type

Published by
Petroc Taylor,
Jan 18, 2023
The mobile money market is growing steadily in Kenya. The total value of mobile money transactions from business to business (B2B) reached 16.75 billion U.S. dollars in the fourth quarter of 2020. Even though citizen to government (C2G) and government to citizen (G2C) have the lowest transaction values, it has increased in the last quarters amounting to 123 and 67 million U.S. dollars respectively.

Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars)

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Release date

May 2021

Region

Kenya

Survey time period

2019 to 2020

Supplementary notes

* Figures were converted from Kenya Shillings (KES) to USD at the exchange rate of 1 KES = 0.0093322646 USD (May 14, 2021)

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