MTN Group is a major telecommunications provider in Africa, known for its mobile network services and innovative partnerships to enhance connectivity.
MTN Eyes Nigeria’s Lending Market as $500bn MoMo Fintech Spinoff Advances
MTN Group is working towards completing the structural separation of its mobile money business, MoMo, to facilitate independent growth. The company plans to upgrade its banking license in Nigeria to offer lending and international remittance services.
MTN targets Nigeria’s lending market as it seeks fintech licences
MTN is seeking regulatory approvals to expand its fintech arm into lending across Africa, focusing on Nigeria. The company aims to capture a larger share of Africa's underserved credit market, where 80% of Nigerian MSMEs lack formal credit access.
MTN Group Fintech Launches MoMo Financial Aid Kit in Zandspruit
MTN Group's 2026 Y’elloCare campaign is themed Expanding Equitable Health for Every Community. The MoMo Financial Aid Kit will be launched in Zandspruit, South Africa, from 1 to 21 June 2026.
I&M Bank Opens NSE Trading for MTN After Heavy Investor Demand
I&M Bank's medium-term note listing on the Nairobi Securities Exchange marks a significant milestone for the bank. Investor applications for the note reached Sh23.2 billion, significantly exceeding the planned Sh10 billion.
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.
