Two telcos, $1-trillion and two very different fintech bets
- MTN Group and Vodacom Group processed just over $1 trillion in mobile money transactions.
- Vodacom's financial services revenue increased by 19.6% to R16.8 billion for the year ending March 2026.
- MTN reported a 23.2% increase in fintech revenue, reaching R30.3 billion for the year ending December 2025.
The competition between MTN and Vodacom in the fintech space highlights the evolving landscape of mobile money in Africa. As both companies adopt different strategies, it will be crucial to monitor which approach yields better long-term returns and how they adapt to the increasing demand for digital financial services.
