The State of the Industry Report on Mobile Money 2025

Over the past two decades, mobile money has evolved from a tool for financial inclusion into a thriving industry with vast business potential. It has grown beyond just a means to store and remotely access funds. Mobile money now represents a dynamic market poised for strong growth in the years ahead.

In 2024, the industry celebrated double digit growth to achieve two key milestones – over half a billion monthly active users and 2 billion registered accounts globally. Mobile money remains a key feature in the daily lives of millions of people while supporting the economies of countries with a service.