Economy
Kenya Mobile Money Subscriptions Reach 95.31 Million Amid Financial Health Concerns
BirrMetrics · 13 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
Kenya's mobile money subscriptions reached a record 95.31 million, but a decline in financially healthy adults to 18.3 percent has prompted a policy shift toward resilience.
- Kenya's mobile money subscriptions rose by 7.85 million to a record 95.31 million in the year to August 2026.
- The value of mobile money transactions climbed 10.56 percent to 5.90 billion US dollars.
- Active mobile money agents increased 24.92 percent year-on-year to 563,605, though the network contracted from 575,400 in July 2026 due to a shift toward digital channels.
- The FinAccess Household Survey showed that the share of financially healthy adults fell from 39.4 percent in 2016 to 18.3 percent in 2024.
- Kenya launched the National Financial Inclusion Strategy 2025–2028 in December 2025 to shift focus from access alone to financial health and resilience.
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