Leading mobile money platform M-PESA has been ranked among the top 100 cross-border payment platforms for 2026 by FXC Intelligence.
FXC Intelligence CEO and Founder Daniel Webber acknowledged the transformation of M-PESA across East Africa.
He further noted the platform’s growth beyond East Africa, highlighting its expanding global reach and its role in the daily financial lives of millions of people.
“M-PESA has transformed financial access across East Africa, growing from a domestic mobile money service into a platform with genuine international reach that is central to the daily financial lives of millions of people.”
The recognition forms part of FXC Intelligence’s 2026 Cross-Border Payments 100, which highlights leading companies shaping the global cross-border payments ecosystem.
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M-Pesa Over the Years
M-PESA was launched in 2007 and has since expanded its footprint to operate across eight countries.
Today, more than 60 million customers use M-PESA each month.
As a result, it has grown into a large digital ecosystem that connects users to over 950,000 merchants and around 5 million businesses.
What began nearly two decades ago as a simple local money transfer service has evolved into a global financial services ecosystem, now accessible in over 170 countries.
Today, M-PESA enables international money transfers, facilitates remittances and merchant payments.
Furthermore, it continues to expand through integrations with leading global payment networks.
Through this growth, Safaricom is helping make cross-border payments more seamless.
Consequently, it is opening access to global markets for entrepreneurs, strengthening connections between families, and supporting broader economic activity.
FXC Intelligence
FXC Intelligence is a London-based research and data firm that tracks and analyses the global cross-border payments industry.
The company provides pricing, market intelligence and benchmarking data to businesses operating in the payments sector.
In addition, its platform solutions support strategic decision-making for leading financial services, technology and fintech companies across both fiat and stablecoin-based payments.
