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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.

Mar 10, 2021

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.

Mar 1, 2021

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.

Feb 16, 2021

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.

Dec 22, 2020

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.

Dec 2, 2020

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.  

Dec 1, 2020

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.

Nov 12, 2020

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.

Oct 30, 2020

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.

Sep 23, 2020

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.

Sep 17, 2020

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%.

Sep 8, 2020

COVID-19 drives African states into cashless societies

Cash may have traditionally been king, but the coronavirus pandemic is contributing to a faster pace of mobile money adoption across the continent.

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