M-PESA Growth stats for the Safaricom FY 2019 Results
Safaricom has announced audited results for the year ended 31st March 2019 with M-PESA revenue up by 19.2% to Ksh. 74.99 Billion. Person-to-person transactions, and new business contributed largely to M-Pesa’s growth.
The new business that Safaricom referred to here include payments, saving and lending services such as Mshwari and Fuliza, and M-Pesa Global services like Paypal and money transfer services.
Payments had the biggest growth with Customer-to-Business payments having a 25.5% growth year on year.