Fintech Insights
Q1 2026 Mobile Money Retention Signals in Ghana
Executive summary Monthly active users expanded by 6.4% quarter-over-quarter, but 30-day retention only improved by 0.8 points. Growth is still acquisition-led. What changed * Cash-in frequency rose in peri-urban clusters where agent density improved. * P2P transfer value increased faster than bill payments, suggesting wallet utility remains peer-centered. * Users onboarded