Decade Edition of the State of the Industry Report on Mobile Money

Resource published March 1, 2017

The impact of mobile money has been felt well beyond transactions and accounts: people’s lives have been enriched by greater personal security, a sense of empowerment, and more.

With GSMA’s State of the Industry Report on Mobile Financial Services now in its sixth year, this special 2016 edition is an opportunity to reflect on the incredible progress made over the last decade. While mobile money has been around for more than 10 years, few would dispute that the 2007 launch of M-Pesa in Kenya first demonstrated the potential of mobile technology to transform access to financial services in emerging markets. The following wave of investment and innovation has overturned traditional ideas about financial services and has had a profound effect on the lives of hundreds of millions of people.

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