MTN Nigeria’s 10.7 million users boost fintech ambition
Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people…
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MTN mobile money
MTN agent banking rollout in SA test run for Nigeria
Mobile network operator MTN may not have a Payment Service Bank (PSB) licence in Nigeria just yet, but in South Africa, it can test its ability on a market with a similar model to the most…
MTN mobile money unit registers 1m South African users
MTN, South Africa’s second-largest mobile operator, says its mobile money platform, MoMo, has registered more than 1-million users since its launch in February.
The company is attempting…
Sub-Saharan Africa accounts for half of global mobile money services – McKinsey
A combination of invigorated activities from fintech start-ups and traditional financial institutions has shot Africa into the global limelight as the number one continent for mobile money.…