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Tag "Mobile Money"

MTN considers listing mobile money business, targets $5bn valuation

    MTN considers listing mobile money business, targets $5bn valuation

MTN says it is considering an initial public offering (IPO) of a minority interest in its mobile money business, better known as MoMo. Ralph Mupita, president and chief executive officer

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Mastercard invests $100m in Airtel’s mobile money business

    Mastercard invests $100m in Airtel’s mobile money business

Mastercard, a global payments technology company, now owns a minority stake in Airtel Africa’s mobile money business. This comes after Mastercard invested $100 million in Airtel Mobile Commerce BV, the

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Nearly 9 in 10 Nigerians don’t have bank accounts

Less than 20 million Nigerians operate bank accounts, the Central Bank of Nigeria (CBN) revealed on Thursday. This means that more than 150 million Nigerians do not have a bank account. “In Nigeria,

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