M-Pesa in Africa has more customers than the main African bank. In the financial year 2018/2019, M-Pesa counted 37 million customers, while the main African bank had 20 million customers. As of 2020, M-Pesa operates in seven countries across Africa. Mobile money allows a customer to receive, store, and spend money using a mobile phone. The service can be provided by banks, mobile money operators (MNOs), telecom companies, payment service providers, or similar.
Number of customers of selected financial services in Africa in the financial year 2018/2019
(in millions)
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Vodafone. (March 1, 2019). Number of customers of selected financial services in Africa in the financial year 2018/2019 (in millions) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/
Vodafone. "Number of customers of selected financial services in Africa in the financial year 2018/2019 (in millions)." Chart. March 1, 2019. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/
Vodafone. (2019). Number of customers of selected financial services in Africa in the financial year 2018/2019 (in millions). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/
Vodafone. "Number of Customers of Selected Financial Services in Africa in The Financial Year 2018/2019 (in Millions)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/
Vodafone, Number of customers of selected financial services in Africa in the financial year 2018/2019 (in millions) Statista, https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/ (last visited December 03, 2024)
Number of customers of selected financial services in Africa in the financial year 2018/2019 (in millions) [Graph], Vodafone, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1190524/customers-of-selected-financial-services-in-africa/
