The Rise of M-Pesa and Financial Inclusion in Kenya

This chapter explores the transformative impact of M-Pesa on financial transactions in Kenya, highlighting its evolution from a mobile payment solution to a comprehensive digital currency system. The discussion emphasizes M-Pesa's role in enhancing access to financial services for underserved populations and its potential in facilitating fintech lending. Additionally, it examines the broader implications of mobile money and stablecoin adoption, addressing the need for local financial infrastructure to drive innovation and accessibility in emerging markets.