Business & Markets · Mobile money transaction value · Kenya
Kenya’s mobile money transaction value rose to KSh 761.1bn in Aug 2026.
KSh 761.1bn
Aug 2026
Up KSh 32.4bn from Jul 2026.
Updated 8 Oct 2026
In plain words
KSh 761.1bn
What it is. This series adds up the value of mobile money cash-in and cash-out transactions handled through agents in a month, so it follows how much money moves between physical cash and digital wallets at agent counters. Transfers between wallets, bill payments and card or bank movements fall outside it. No methodology note is published, so the exact coverage of agents and providers is not documented.
Higher is better. A higher figure is good because it shows more people and businesses using agent networks to move money in and out of wallets, which points to wider reach and activity. The latest figure for August 2026 is KSh 761.1bn, against KSh 688.4bn a year earlier, a rise of 10.6%. Since Sep 2024 the lowest month was February 2026 at KSh 633.4bn, so the latest reading sits at the top of its range, level with the window high of KSh 761.1bn.
Why it matters. For households, a larger flow through agents means cash is being converted to and from mobile wallets in greater volume, which is how many Kenyans receive wages, send remittances to relatives and pay for daily needs. Agents and the mobile operators earn commissions and fees on each transaction, so a rise of KSh 72.7bn on a year earlier means more income for those businesses. The state also gains, since higher transaction values widen the base for excise duty on mobile money fees.
| Period | Mobile money transaction value · Kenya |
|---|---|
| Sep 2024 | KSh 670.5bn |
| Oct 2024 | KSh 722.3bn |
| Nov 2024 | KSh 707.3bn |
| Dec 2024 | KSh 753.5bn |
| Jan 2025 | KSh 697.5bn |
| Feb 2025 | KSh 636.2bn |
| Mar 2025 | KSh 710bn |
| Apr 2025 | KSh 698.8bn |
| May 2025 | KSh 713.3bn |
| Jun 2025 | KSh 667.8bn |
| Jul 2025 | KSh 673.1bn |
| Aug 2025 | KSh 688.4bn |
| Sep 2025 | KSh 684.8bn |
| Oct 2025 | KSh 679bn |
| Nov 2025 | KSh 665.1bn |
| Dec 2025 | KSh 722.5bn |
| Jan 2026 | KSh 699.6bn |
| Feb 2026 | KSh 633.4bn |
| Mar 2026 | KSh 693.4bn |
| Apr 2026 | KSh 681bn |
| May 2026 | KSh 681.5bn |
| Jun 2026 | KSh 682.5bn |
| Jul 2026 | KSh 728.7bn |
| Aug 2026 | KSh 761.1bn |
Source: Central Bank of Kenya, mobile payments statistics · Licence: Central Bank of Kenya published statistics, reproduced with attribution
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Every change is logged in Corrections. How the figure is made: Methodology.
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Strata-AF™ Data, Mobile money transaction value, Kenya, Aug 2026; source Central Bank of Kenya, mobile payments statistics, retrieved 8 Oct 2026; https://data.strata-af.com/business/mobile-money-transaction-value/kenya
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
Strata AI commentary is coming — reviewed, dated, and generated only from the figures on this page.
Methodology
Value of mobile money cash-in and cash-out transactions through agents in the month. Unit: KSh bn.
Source: Central Bank of Kenya, mobile payments statistics (National Payments System), reproduced with attribution. Published monthly.