The State of the Industry Report on Mobile Money 2025
Nearly 25 years after its launch, mobile money is now a mainstream financial service in many countries around the world. Over half a billion people now use mobile money every month for their transactions: to buy goods and services, save money and send money to friends and family – both at home and abroad, and much more.
Globally, at least $4.6 billion flows through mobile money accounts daily for a growing range of use cases. More people than ever before can now access financial products and services in previously underserved markets. This growth in mobile money adoption and rising regular use has continued to drive mobile money’s contribution to economic growth in countries with a service.
GSMA's latest version of their annual report on mobile money finds that transaction volumes and values for mobile money accounts experienced robust double-digit growth in 2024. Approximately 108 billion transactions, totalling over $1.68 trillion, were processed through mobile money accounts in 2024. Year-on-year, transaction volumes increased by 20%, while transaction values grew by 16%, up from a 13% increase in 2023.
