Monthly mobile money remittances breach $1bn mark
For the first time, more than $1 billion was sent and received in the form of remittances globally every month via mobile money, says the GSM Association.
Data, fintech subscriptions lift MTN in strong full-year results
MTN Group records improved topline performance in the year ended December, driven by a surge in active data and Mobile Money subscriptions.
MTN records massive fintech growth in Nigeria
The mobile operator sees an increased uptake in its fintech business, which includes MoMo, insurance, airtime lending and e-commerce.
MTN, Mastercard boost e-commerce payments across Africa
Through a strategic partnership, MTN customers with a Mastercard virtual payment solution linked to their MoMo wallets can make payments to global merchants.
MTN’s MoMo International Airtime enables cross-border transactions
The telco says it continues to provide innovative solutions for people to stay in touch with loved ones across the globe.
Telkom makes foray into mobile money
New mobile wallet service Telkom Pay Digital Wallet allows users to send and receive money through the WhatsApp messaging app.
MTN pumps millions into MoMo as it nears 2m users in SA
The company identifies fintech as a key growth pillar, and commits to funding the relaunched Mobile Money offering over the next few years.
MTN, Ozow lock in MoMo partnership
The new partnership is intended to make it easier for mobile money customers to load funds onto their mobile wallet without the need for a credit card.
MTN posts strong Q3 results, nets R2.3bn from Jumia
The telco weathers a multitude of challenges to record financial gains in the third quarter and exits from its 18.9% investment in e-commerce platform Jumia.
MTN adds Play Lotto functionality to MoMo
The mobile operator is adding more functionality to its Mobile Money platform, which has struggled to gain traction in South Africa.
MTN Eswatini cuts data prices as kingdom adopts MoMo
The mobile operator has reduced postpaid data bundles by 70%, while its prepaid package has been reduced by 32%.