M-Pesa revenue profile of Safaricom FY 2020

Published by
Ahmed Sherif,
Aug 3, 2023
Safaricom generate 754.47 million U.S. dollars in revenue from the three reported M-Pesa revenue sources during the financial year ending 31 March 2020, with withdrawals accounting for the largest share. M-Pesa is one of the leading mobile money services in Africa, providing financial and payment services even if the customer has no access to a bank account.

Safaricom M-Pesa revenue profile FY 2020 (in million U.S. dollars)

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Release date

July 2020

Region

Kenya

Survey time period

2020

Supplementary notes

-Safaricom's financial year ends on 31 March of each year

-Based on the exchange rate of 1 KES = 0.0093 USD, as at 29 July 2020.

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