Kenya Fintech Digital Remittances Market Size | 2019-2032

Kenya Fintech Digital Remittances Market Size and Forecast by Transfer Channel, End Users, Industry, Remittance Type, and Transaction Purpose: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: BT401  | Publication: August 2024  |  US$925  |  

Kenya Fintech Digital Remittances Market Growth and Performance


  • Anticipated revenue for the Kenya fintech digital remittances market in 2032 is to reach US$ 105.2 Million, with an expected Compound Annual Growth Rate (CAGR) of 7.7% from 2024 to 2032.
  • In 2023, the fintech digital remittances industry size hit US$ 53.1 Million.
  • In terms of transfer channel category, the leading segment is projected to be bank transfer, to be valued at US$ 61.2 Million by 2032.
  • By end user, BFSI end user is expected to play a significant role, contributing 21.7% of the total revenue in the Kenya fintech digital remittances market by 2032.

Kenya Fintech Digital Remittances Market Outlook

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Transfer Channel

Bank Transfer

Mobile and Online Transfer

Agent-Based Transfer

Cryptocurrency Transfer

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Remittance Type

Domestic Remittances

International Remittances

Transaction Purpose

Personal Transfers

Business Transactions

 

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