Tag: Mobile Money
GhanaPay introduces new features to help deepen financial inclusion
Ghana's leading bank-based mobile money wallet, GhanaPay has introduced new functionalities in further fulfilment of its brand promise of allow customers to “do more...
Paystack launches virtual terminal in Ghana, three other countries
Paystack, one of Africa’s leading payment platforms has introduced its virtual terminal in Ghana, Côte d’Ivoire, Kenya and South Africa.
The system, first introduced in...
Mobile money ecosystem grows over 180% after e-levy reduction
Statistics published by the Bank of Ghana indicates that Ghana's mobile money ecosystem has grown by a significant 186% between November 2022, when e-levy...
Mobile money actual float hits GH¢18.69 billion in March 2024
The 2024 Fintech Sector Report released by the Bank of Ghana indicates that the total amount of actual cash in mobile money accounts with...
Zeepay secures additional US$3 million from Verdant Capital Hybrid Fund
Verdant Capital Hybrid Fund has completed its fourth investment in just over two years since its closing, with a US$3 million preferred equity investment...
MTN Group reports resilient operating performance in 2023
MTN Group reported a resilient underlying operating performance for 2023 in the face of tough macro headwinds, declaring a total dividend of 330 cents...
MTN Mobile Money is booming
MTN Group Increased its fintech transaction volumes by a third in its latest financial year, as it closes a deal with Mastercard that values...
Airtel Africa considers IPO for its mobile money unit – Report
Africa’s second-largest telecom operator, Airtel Africa, is reportedly considering an initial public offering (IPO) for its mobile money unit.Â
According to a Bloomberg report citing people...
MTN Nigeria recorded 5.3 million mobile money wallets in 2023
MTN Nigeria has reported that its MoMo Payment Service Bank (PSB) reached 5.3 million active wallet users on its platform as of December 2023.Â
According...
MTN, Mastercard to accelerate mobile money ecosystem in 13 African markets
MTN Group Fintech and Mastercard have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of...