IADI Fintech Brief No. 6 – "E-money and Deposit Insurance in Kenya"
This Fintech Brief offers a case study on the widespread usage of e-money in Kenya, especially through MPESA, a form of e-money stored on mobile phones and issued by Safaricom, a mobile network operator (MNO). The critical importance of MPESA raises questions as to how to deal with a potential default of the MNO and the role of deposit insurance in such a scenario.
The IADI Fintech Brief is now publicly available via the dedicated Fintech section of IADI’s website or directly via this link. Any queries may be directed to the IADI Secretariat Research Unit (firstname.lastname@example.org).