Browsing: Mobile money

Africa’s most interesting systems are often built long before formal markets know what to call them. Mobile money in Kenya…

Vodacom today published its financial results for the year to end-March and disclosed solid performance from its mobile money platforms.…

South Africa just celebrated Freedom Day, but it’s worth asking what financial freedom looks like in the digital age. There…

Changes in the development finance world – especially the sharp drop in foreign aid and fewer cheap loans for low-income…

Traditional banking no longer sets the standard for digital payment experiences. Especially in 2026, traditional banks are almost extinct. Even…

Vodacom Group has released a strong trading update for the quarter ended 31 December 2025, showcasing sustained momentum across its…

Airtel Africa has reported robust financial results for the half year ended 30 September 2025, with its mobile money service,…

Onafriq, Africa’s largest digital payments network, celebrates its 15-year anniversary by announcing a major milestone: nearly 1 billion mobile money wallets and 500…

Vodacom now processes over $1.2 billion (R22.7 billion) in daily transaction value through its mobile wallet offerings. The JSE-listed telecommunications…

South Africa’s innovative food delivery platform, Spaza Eats, is gearing up to launch a wallet-as-a-service feature, potentially transforming the app…

MTN’s strategic push to diversify its business is paying off, with significant growth in fintech services and data traffic driving…

Africa has emerged as a hub for fintech innovation as multiple factors converge to catalyse transformative change within the financial…

by Isaac Abotebuno Akolgo, Bayreuth International Graduate School of African Studies Fintechs, notably mobile money, have transformed banking and finance…

MTN’s Mobile Money offering, MoMo, is inviting skilled tech developers and innovators to participate in the MTN MoMo API Hackathon…

In an increasingly digital economy, accelerated by the Covid 19 pandemic, collaboration between the private sector and governments in Africa…

The success of mobile money in Africa is well known. If you’ve paid any attention to the continent’s financial and…

Why should your geographic location limit your ability to send and receive money? Why should it affect your ability to…

Vodacom announced today that its Financial Services business reported a 19.2% rise in revenue to R4.4 billion fuelled by insurance…

MTN announced today that its FinTech business saw revenue rose by 12.9%, with Mobile Money (MoMo) active monthly users up…

THElatest data released today shows that the value of Vodacom’s mobile money platform, M-PESA, continues to rise at an impressive rate,…

The 2019 Future of Payments in South Africa report by Deloitte and Mastercard stated that “although 80% of South Africans…

MTN announced today it has received a final approval licence to operate its mobile money platform in Nigeria, the continent’s…

Over the past decade, mobile money has expanded from a niche offering in a handful of markets to a mainstream…

Mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion or R14.5 trillion annually. The…

MTN, Africa’s largest mobile phone company, reported it had 56.8 million mobile money (MoMo) customers as of the end of…