MTN Eyes Banking Licences as It Pushes Deeper Into Lending

MTN eyes banking licences across markets, plans infrastructure expansion

TELECOM group, MTN is exploring banking licences in select markets as the company looks to expand lending ​from its own balance sheet.

MTN eyes banking licences as it pushes deeper into lending

Africa's largest telecoms operator MTN Group is exploring banking licences in select markets as the company looks to expand lending from its own balance sheet, CEO Ralph Mupita said on Tuesday, 25 August.

Telecoms operator MTN eyes banking licences as it pushes deeper into lending

MTN Eyes Banking Licences As African Fintech Business Expands Into Lending

MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks new sources of growth beyond its traditional voice and data businesses. Group President and Chief Executive Officer Ralph Mupita said MTN is evaluating whether banking licences could allow the company to take deposits and eventually […] The post MTN Eyes Banking Licences as African Fintech Business Expands Int…

MTN Confirms Plans for Banking Licences in Select African Markets

By Adedapo Adesanya MTN Group has confirmed plans to explore banking licences in selected African markets as the telecommunications giant seeks to deepen its fintech operations and eventually provide loans directly from its own balance sheet. The chief executive of the firm, Mr Ralph Mupita, disclosed the plan on Tuesday, saying lending has emerged as […]

MTN eyes banking licences to take On OPay, Moniepoint in Africa's lending boom

MTN Group is pursuing banking licences to elevate its fintech services and compete with lenders like OPay, while expanding digital infrastructure in Africa.