The most popular payment methods in Kenya 2024: Cash is king but M-Pesa remains huge
Rising transaction charges prompt merchants to shift to cash transactions. Cash accounts for 80% of daily transactions in Kenya.
Kenyan parliament pushes for Safaricom, M-PESA split
Revival of the 2022 Information and Communications (Amendment) Bill in Kenya. Proposed split of Safaricom from its mobile money unit, M-PESA.
Next Wave: What’s the future of Kenyan fintechs?
M-Pesa processed 20 billion transactions in 2023, representing 60% of Kenya's GDP. Kenyan fintechs secured only 8% of total investments in the fintech sector from 2019 to 2023.
Starlink’s Evolving Presence in Kenya: Affordable Satellite Internet on the Horizon
SpaceX's Starlink is introducing the 'Starlink Mini' antenna in Kenya, potentially transforming internet access. The satellite-based service offers an alternative to traditional internet infrastructure and may provide more reliable connectivity.
Starlink Enables MPesa and Mobile Money Payment For Users in Kenya
Starlink has introduced a new pricing for Kenyan users starting today. Users can purchase 50GB of data starting at 1300 Ksh (~$10) and make payments via MPesa and Airtel Money.
