Mobile Money Facts and Figures

1.8 billion people globally have mobile phones but no bank acocunts (World Bank)

20% of Kenya’s GDP moves on mPESA (2013)
20 nations in the world where more than 10% of the population has used mobile money in the past year. 15 of those countries are in Africa (Global Financial Inclusion Database). Quoted in EY Mobile Money Report
Square’s Growth in terms of payments processed : 2012 – $10 billion a year, 2011 – $2 billion a year