Ericsson and MTN MoMo Join Forces to Boost Fintech and Financial Inclusion in Africa 🀝🏽

Ericsson and MTN MoMo Join Forces to Boost Fintech and Financial Inclusion in Africa 🀝🏽

#business
#finance
#fintech
#finance
#mobile money
In a strategic move, Ericsson's Mobile Wallet Platform collaborates with MTN MoMo, Africa's leading telecom operator, aiming to elevate financial inclusion across the continent. This partnership targets both first-time users and established business applications, fostering growth in fintech, merchant payments, and international money transfers.

Swedish multinational Ericsson, renowned for 5G networks, partners with MTN MoMo, Africa's largest telecom operator, to enhance financial inclusion. The collaboration leverages Ericsson's Mobile Wallet Platform, enabling secure transactions for MTN MoMo's 63 million users in 16 African countries. With a focus on fintech, the partnership aims to boost merchant payments, eCommerce, and digitized banking solutions. This comes amid a rising e-payment boom, positioning mobile money as a vital service across Africa. The move aligns with Ericsson's AfricaInMotion vision for a connected and sustainable Africa.


Read more on BenjaminDada

Top comments(0)

SEND
Home
Stories
Community
Podcasts