0
Wireless

MTN Group seeks to triple digital bank customers within 3 years

Monday 6 November 2017 | 11:08 CET | News
MTN Group plans to triple its digital bank customer numbers within three years, reports Bloomberg. Group CEO Rob Shuter said MTN is adding about 500,000 active banking customers a month. About 20 million people use MTN's mobile banking now, he said in an interview with the news agency.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MTN / Safaricom / Vodacom / Vodafone
Countries: Africa / South Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

GSMA launches global mobile money certification scheme

Published 12 Apr 2018 14:04 CET | World
The GSMA has announced the launch of GSMA Mobile Money Certification, a global scheme for mobile money providers to have their ...

MTN to revisit financial services in South Africa

Published 12 Mar 2018 09:43 CET | South Africa
MTN South Africa says it wanted to have another crack at financial services in its home market after withdrawing from mobile ...

MTN Group eyes 60 million African mobile money subscribers in 3 to 4 years

Published 24 Jan 2018 10:19 CET | Africa
MTN Group said it aims to increase its mobile money subscribers in Africa from the current 21 million to 60 million in the next ...

MTN Group corporate affairs executive becomes SABC COO - report

Published 15 Jan 2018 09:44 CET | South Africa
MTN group executive for corporate affairs Chris Maroleng has been appointed as the new chief operating officer of South African ...

MTN Rwanda ties up with Cogebanque for mobile money transfers

Published 30 Oct 2017 10:40 CET | Rwanda
MTN Rwanda has tied up with Cogebanque to enable MTN Mobile Money subscribers to deposit and withdraw money electronically using ...

MTN Zambia, Stanbic starts payment plans for mobile devices

Published 02 Oct 2017 12:55 CET | Zambia
MTN Zambia and Stanbic Bank have rolled out a device financing system that will enable customers to acquire mobile devices and ...

MTN Ghana pays GHS 25 mln in interest to mobile money subscribers

Published 17 Aug 2017 15:23 CET | Ghana
MTN Ghana has paid over GHC 25 million in interest to about 7.8 million Mobile Money customers for the first half of 2017. ...

MTN Uganda grants UGX 30 bln in loans via MoKash since start

Published 17 Aug 2017 11:30 CET | Uganda
MTN Uganda says it has granted UGX 30 billion in loans through MoKash, and 2.5 million customers have enrolled since it MoKash ...