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Home and away: MTN bullish on fintech play (opens original article in a new tab)

TL;DR

MTN is focusing on fintech and connectivity to grow its client base and revenue, with plans to expand services in Nigeria and separate its fintech division into a standalone entity.

  • MTN aims to grow its client base to 350 million by 2030 through connectivity, fintech, and digital infrastructure
  • MTN plans to expand its fintech services in Nigeria, including augmenting its banking licence to offer more services
  • MTN is separating its fintech business into a standalone entity and has completed this in Ghana with a $5.2bn valuation

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