South Africans, accustomed to paying fees every time they use a card or banking solution, are increasingly seeking alternatives to traditional financial services offerings. This is just one of the ...

Sending money to someone in a different state, paying your electricity bill, or simply trying to avoid the long queues at the ATM. MTN MoMo and Airtel Money have similar services; which one is truly ...

Kagiso Mothibi, CEO of MTN fintech South Africa. MTN South Africa is targeting home buyers via its Mobile Money (MoMo) platform. In a statement, the mobile operator says its MTN MoMo app now offers ...

Qwikloan enables MoMo users to obtain small, short-term loans on their mobile phones, ranging from R250 to R10,000 depending on eligibility, through a seamless application process available via the ...

MTN South Africa is planning to add an e-commerce service to its Mobile Money (MoMo) platform, as part of its transition into a super app. The e-wallet service has shown 200% year-on-year user growth ...

Lonestar Cell MTN diversifies its services and offerings in the area of financial service delivery, popularly referred to as "MoMo" -- a secure and convenient mobile money platform that allows users ...

About three months ago, MTN MoMo Loan increased the monthly rate of interest from 6.9% to 8.9%. With the previous monthly rate of 6.9%, the annual rate would be 82.8%. With the previous monthly rate ...