Mobile money: Regional deep-dives in Africa, Asia and Latin America & the Caribbean
The global mobile money industry
2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed one billion. Reaching the one billion mark is a tremendous achievement for an industry that is just over a decade old. The mobile money industry of today has a host of seasoned providers with a broad set of operational capabilities, a full suite of products and a global reach.
This year’s State of the Industry Report on Mobile Money examines what one billion registered accounts signify for the mobile money industry, mobile money users and the future of the mobile money ecosystem; moving us a step closer to a digital future for all.
The state of mobile money in Asia
Asia has experienced significant growth over the past five years, but what has been the key driver behind its expansion? We take a deep-dive into Asia’s increased third-party integration and how new innovative players continue to push the region forward.
The state of mobile money in Africa
The African continent pioneered the success of mobile money and has long been viewed, and rightfully so, as the epicentre of this growing industry. Mobile money has become the mainstay of financial inclusion in Africa, from narrowing the financial inclusion gender gap to unlocking access to utility services. For the first time, we take an in-depth look at the region as a whole.
The state of mobile money in Latin America & the Caribbean
With contrasting socio-economic and competitive contexts, mobile money across Latin America & the Caribbean (LAC) continues to differentiate itself from more established regions such as Africa and Asia. In this deep-dive, we explore social cash transfer schemes, super-apps and untapped growth opportunities.