Safaricom’s M-Pesa Ethiopia announced on Monday it has launched a new mobile money platform on Monday called M-Pesa LeHulum that works with any SIM card, effectively opening M-Pesa up to anyone regardless of what mobile network they use.
Mastercard and MTN Group Fintech have signed a multi-market agreement that will use Mastercard’s technology and capabilities to support MTN’s ambition to become Africa’s largest fintech platform for both merchants and consumers.
MTN Uganda announced plans on Wednesday to hold an extraordinary general meeting (EGM) on July 2 to discuss and vote on the proposed spinoff of its mobile money and fintech business, MTN MoMo, from its core telecoms operations.
Ethio Telecom has partnered with Awash Bank to launch Tila, a new digital credit, savings and device-financing service available through the operator’s Telebirr mobile money platform.