Update 2 of 5

M-PESA Generated KES478 Billion in Social Value in FY26, Safaricom Reports

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsKenyaNov 5, 2026

Safaricom has reported that M-PESA generated KES478 billion in social value during the financial year 2026, providing a rare continental-scale benchmark for a mobile money platform's broader economic contribution. The figure accompanies data on fee-free transactions and extends the narrative around M-PESA's strategic evolution beyond payments.

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M-PESA generated KES478bn in social value in FY26 – Safaricom · techtrendske.co.ke · T2

Story timeline · 5 entries

Nov 7, 2026
Half of M-PESA Transactions Fee-Free
New data confirms over half of M-PESA transactions are now fee-free, adding granularity to the monetisation trade-off at the heart of Safaricom's volume-first strategy.
Nov 7, 2026
Safaricom Confirms Mungania as CFO
Safaricom confirms Mungania as permanent CFO and M-PESA head, ending months of uncertainty at East Africa's most-watched telco.
Nov 6, 2026✦ Take
M-PESA Hits $770M Revenue
HY2027 results confirm M-PESA revenue at $770 million with financial services up 55%, Fuliza generating $38M, and transactions up 48% against 13.6% revenue growth
Nov 5, 2026This story
M-PESA's KES478bn Social Value
Safaricom releases FY26 M-PESA social value figure of KES478 billion, adding a quantified impact metric to the previously reported strategic pivot toward wealth management and SuperApp.
Nov 2, 2026✦ Take
M-Pesa Eyes Wealth, SuperApp
Safaricom CEO Peter Ndegwa has outlined a strategy to evolve M-Pesa beyond mobile payments into wealth management and a unified OneApp platform, signalling a major strategic shift for Africa's largest mobile money operator. The pivot positions Safaricom as a full financial services platform rather than a payments utility.