Transaction volume of M-Pesa from 2017 to 2024

Published by
Ahmed Sherif,
Aug 8, 2024

Transaction volume of M-Pesa – one of the largest mobile money services in Africa – steadily increased from 2017 to 2024, eventually reaching 33 billion transactions in the financial year ending 31 March 2024. M-Pesa is a mobile money service run by Vodafone and Kenyan telecommunications provider Safaricom, that provides payment and financial services, even if a customer has no access to a bank account.

M-Pesa transaction volume from 2017 to 2024 (in billion transactions)

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Release date

May 2024

Region

Africa

Survey time period

2017 to 2023

Supplementary notes

Includes Safaricom.

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Mobile money in AfricaMobile telecoms in Africa
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