Orange Money expands micro loan services

MTN Group Fintech, described as Africa’s leading mobile financial services provider, has appointed Network International, an enabler of digital commerce across the Middle East and Africa (MEA), as its partner for Payment Processor – Issuing.

MTC Namibia has reportedly teamed up with Letshego Micro Financial Services to launch a pilot for a new mobile microlending platform that will provide instant loans to customers via their mobile phones.

MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.