Tagged: mobile money

Nigeria Updates Mobile Money Operator Guidelines

Nigerian banking regulators have released new guidelines governing the services offered by the country’s mobile money operators (MMO). It is the first update in six years and is meant to address the sweeping changes seen since 2015. Ibrahim Moshood, an associate with Centurion Law Group,… Read More

Mobile Money Business Airtel Africa Scores $100 Million Investment From Mastercard

Airtel Africa, an African mobile money business, recently announced it secured a $100 million investment from credit card giant, Mastercard.  Founded in 2010, Airtel Africa claims it is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily… Read More

WorldRemit Announces Its Global Mobile Money Predictions

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Monday its insights into factors that will affect global mobile money in 2020. The company’s insights revealed the following: Device usage in the developing world will continue to grow, driving access to… Read More

Mastercard Teams Up With MTN Uganda & United Bank for Africa to Launch New Mobile Money Services in Uganda


On Tuesday, Mastercard announced it has teamed up with MTN Uganda and United Bank for Africa (UBA) to launch a new mobile money service in Uganda.  The trio reported that through the new partnership MTN MoMo customers will use a virtual card to shop or make… Read More

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