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Kenya Fintech Neobanking Market Size | 2019-2032

Kenya Fintech Neobanking Market Size and Forecast by Services, End Users, Industry, Transaction Types, and Revenue Model: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: FIN44513  | Publication: Nov 2024  |  US$745  |  

Kenya Fintech Neobanking Market Growth and Performance

  • Anticipated revenue for the Kenya fintech neobanking market in 2032 is to reach US$ 1.37 Billion, with an expected Compound Annual Growth Rate (CAGR) of 4.6% from 2024 to 2032.
  • In 2023, the fintech neobanking industry size hit US$ 908.2 Million.
  • In terms of services category, the leading segment is projected to be deposit accounts, to be valued at US$ 857.7 Million by 2032.
  • By end user, IT and Telecom end user is expected to play a significant role, contributing 22.6% of the total revenue in the Kenya fintech neobanking market by 2032.

Kenya Fintech Neobanking Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Services

Deposit Accounts

Investment and Wealth Management

Insurance Services

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

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

Revenue Model

Freemium Model

Interest Income

 

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