M-Pesa revenue [Sh bn]

Safaricom customer deposits in its mobile money wallet, M-Pesa, fell by Sh10.6 billion to Sh263.3 billion in the six months ended March 2024.

The four percent decline was from Sh273.9 billion held in M-Pesa at the end of September last year, even as the value of transactions on the platform hit Sh40.24 trillion.

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