Mobile money hits maturity as telcos tap into accelerating usage

Dawn Bushaus2026-04-27T07:00:00

Source: Vodafone

In-depth: More than $2tn flowed through mobile money wallets worldwide in 2025, with Africa’s telcos taking a piece of the pie. Safaricom’s flagship M-PESA and MNT’s MoMo continue to dominate, but momentum is being built in new areas as spending habits change and adoption rises…

This article includes:

Themes: Adjacent financial services; Digital financial inclusion; Everyday payments; Merchant payments; Mobile money evolution; Nano‑loans; Regional market differences; Transaction growth; Wallet interoperability.
Events: GSMA State of the Industry Report.
People: Ashley Olson Onyango; Elsa Muzzolini; Jemima Kariuki‑Njuguna; Marina Koytcheva; Vivek Badrinath.
Geographic: East Africa; Ethiopia; Kenya; South Asia; Southeast Asia; Uganda; West Africa.
Organisations: A1 Telekom; Airtel Money; EthSwitch; GSMA; Lamie Direkt; MTN MoMo Uganda; Safaricom; Sanlam Life Insurance Uganda.

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