-Ad-If there was any doubt that Kenya is the home of mobile money, the latest CA stats have settled it once and for all: mobile money penetration now stands at 91%. As of June 2025, there were 47.7 million mobile money subscriptions, up from 45.4 million in March. Interestingly, Kenya has more SIM cards than people, which implies that not every SIM card is registered and/or actively uses mobile money. Quick maths should tell you that these two are the only players currently in the Kenyan mobile money industry, with T-Kash absent. Expect to see more discounts, zero-fee transfers (Airtel Money is already doing this), and bundling of mobile money with data or calls.