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The Evolution of the Mobile Money Space in Kenya

The Mastercard Foundation, for instance, recognizes Kenya as a country that has made tremendous strides in financial inclusion.

Kenya’s financial inclusion journey would not have been possible without mobile money. Kenya is the pioneer of mobile banking globally following the invention of MPESA by Safaricom.

Kenyans are increasingly abandoning the use of cash and adopting mobile money services to pay for goods and services.

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