Mobile Money

Consumers in the developing world are able to conduct financial transactions through their mobile phone providers, transforming their phones from communications tool to a financial access channel. From transferring money to paying for goods and services, the mobile phone functionality available today is transforming economies and empowering consumers.  In Kenya, Tanzania, and Uganda, mobile money is the key driver of financial inclusion. Kenya remains the global leader in mobile money usage, with 67% registered mobile money account owners. With four key providers, Tanzania has the most competitive market, and Uganda boasts a high number (47%) of aware nonusers primed to open accounts. In Nigeria, India, Indonesia, Bangladesh, and Pakistan, banks and microfinance institutions drive financial inclusion.

Mobile Money Account Ownership

Total Population
By Gender
By Education
By Poverty Level
67% of Kenyans are active users of mobile money.

Mobile Money Accounts

Access to, Registered, and Active Accounts
46% of Tanzanians below the poverty level have mobile money accounts, and 75% of those above do.

Advanced Use

Active Registered Users Who Have Used at Least One Advanced Function

In Bangladesh, which financial institutions are driving financial inclusion?

A. Banks
B. Mobile money
C. Microfinance institutions
C. Microfinance institutions

True or false

Among the eight FII countries, Tanzania has the largest gender gap in mobile account ownership.

True (21%)

Which FII country has the highest percentage of adults with mobile money accounts?

A. Nigeria
B. India
C. Indonesia
D. Kenya
D. Kenya (67%)

True or false

Among FII countries, Tanzania has an almost equal percentage of young and older adults with mobile money accounts.


True or false

Unlike other FII African countries, Nigeria’s mobile money platform is primarily provided by banks.


In Indonesia, what percentage of rural adults have a mobile money account?

A. 4%
B. 0.1%
C. 40%
D. 11%
B. 0.1%