MTN poised to disrupt remittance market, says Fitch

News published on Nov 17, 2023 @ 2:55 pm

Fitch Solutions — a unit of Fitch Group — says MTN is well positioned to disrupt SA’s remittance market through its fintech platform MoMo.

The movement of people and goods on the African continent and a push for greater regional trade, are creating the need for simpler and more affordable forms of payment.

In September, Africa’s largest mobile operator said it allows for the movement of money in 10 countries.

Digitalization+ Remittance families and development
Focus Region
Related to