Articles about mobile-money

Mobile money industry surpasses $2tn threshold

Over $2 trillion flowed through mobile money wallets in 2025, driven by deepening use of the financial services offering, says the GSMA.

MTN reverses losses with R27bn profit

The telco reports profit after tax of R27 billion for the year to December, versus a R10.9 billion loss in 2024.

Banks, operators to drive Africa’s stablecoin tipping point

The adoption of stablecoin services by banks and mobile operators could accelerate the usage of the emerging crypto across the continent.

SA sees modest growth as Vodacom ups revenue to R43.9bn

South Africa, which remains Vodacom’s largest market, records growth of 1.4%, reflecting continued pressure in the core mobile business.

Social media becomes new storefront

Now rivalling word-of-mouth as top purchase driver, social media is shaping African consumers’ buying decisions, says Boston Consulting Group.

MTN MoMo expands partnership with Mastercard

The enhanced collaboration introduces the ability for users to top up their MoMo Wallet using debit and credit cards.

Instant payments to be 'heartbeat' of Africa’s digital transformation

Real-time interoperability between mobile money and traditional bank accounts can unlock financial inclusion for 400 million adults across Africa, say Standard Bank execs.

Data, fintech propel MTN Group to R105bn revenue

The telco posts strong interim results for the first half of 2025, buoyed by solid commercial execution and improved macro-economic conditions.

Telco-powered credit score aims to add millions to formal economy

Bringing another 16 million South Africans into the formal economy could add R173 billion to SA’s gross domestic product, says TransUnion.

MTN adds home loans to MoMo app

With the new platform, home buyers can be approved for a home loan in less than two minutes, says the telco.

MTN starts ‘collapsing’ its 3G network in SA

The switching off of the 3G network by 2027 will ensure all South Africans have access to faster, more efficient 4G and 5G technology, says MTN SA CEO Charles Molapisi.

MTN Group sees revenue, subscriber growth in Q1

The mobile network operator reports “robust” results for the first quarter of 2025, buoyed by improved macro-economic conditions in key markets.