From the moment M-PESA launched in Kenya in 2007, Africa was heralded as the undisputed leader in the innovation and adoption of mobile payment services. Today, more than 17 million Kenyans use M-PESA, and in 2013 a full quarter of the country’s GDP passed through the service. However, recent data are beginning to pose the question; is Africa still leading the global mobile payments innovation race?
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![Has Africa Lost Lead in Mobile Payments Innovation, Adoption Race?](/sme-d8/dev/index.php/sites/default/files/styles/large/public/post/images/491316_7826373720_b233f4531c_o.jpg-1.jpeg?itok=T2vN_8fr)