Financial services has become a key strategic revenue driver for both Vodacom Group and MTN Group in Africa.
Browsing: MoMo
The rent-to-own smartphone model puts digital access in every South African’s hands.
MTN will make 4G and 5G smartphones available on credit to prepaid customers – without the need for credit checks.
Kagiso Mothibi, CEO of Fintech at MTN South Africa, discusses the network operator’s grand vision for fintech and mobile money.
MTN’s MoMo is doing well but is yet to reach critical mass, so the company is enlisting “foot soldiers” to drive adoption.
MTN’s mobile money and lending products have given a boost to group revenues.
Bradwin Roper, CEO of fintech at MTN South Africa, is leaving to “explore a new opportunity”.
PayShap is coming to MTN’s Mobile Money platform through a partnership with Investec and Electrum.
MTN has expanded MoMo’s remittance network by adding 25 new wallet corridors across 10 African countries.
MTN Group increased its fintech transaction volumes by a third in its latest financial year.