Saturday, January 28, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Login
No Result
View All Result
TechBooky Africa
Home Fintech/Finance

MTN Nigeria’s MoMo Agents Increased By 121,000 In H1 2021

Idara Umoren by Idara Umoren
August 31, 2021
in Fintech/Finance, Telecom, West Africa
0

MoMo agents provide an avenue to deliver automated cash transfers; covering up the percentage of the unbanked who do not have access to funds.

Related posts

Amazon & Stripe

Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.

January 25, 2023
Airtel eSIM

Airtel Launches eSIM Technology In Nigeria

January 25, 2023

In the first 6 months of 2021 (H1 2021), transaction volume increased by 280.8% year-on-year, to 55.6 million, and the active subscriber base is now more than 6.1 million, up to 180.0% year-on-year.

Expressing his view on the MoMo Agent Growth, Karl Toriola, CEO of MTN Nigeria said:

“We continue to expand our MoMo agent network and broaden our service offerings. Our registered MoMo agents increased by 121,000 in H1 2021, to more than 515,000”.

“Transaction volume increased by 280.8% year-on-year to 55.6 million in H1 2021, and our active subscriber base is now more than 6.1 million, up 180.8% year-on-year”.     

MTN Nigeria which recently marked 20 years of doing business in Nigeria, has its digital revenue up by 61.8% in H1 of 2021, backed up by its rich media, and ecosystem of value-added services.

“Our active user base rose by 38.0% to over 3.9 million, led by Ayoba – our instant messaging platform, with more than 2.3 million active users… the enterprise business revenue increased by 6.0%, demonstrating the continued recovery from the impact of the Covid-19 lockdown, and the uptake of our services by the businesses we serve”.

“We have made significant progress in concluding the operational modalities for the new pricing framework for USSD services, which incorporates the recovery of outstanding USSD debts… we continue to pursue and realize efficiency through cost discipline and enhanced digitization” the CEO added.

Total
1
Shares
Share 1
Tweet 0
Pin it 0
Share 0
Tags: fintechmtn momo agentmtn nigerianigeriapaymentwest africa
Previous Post

Multichoice To Increase DSTv, GOTv Subscription Fee In Nigeria, Others

Next Post

Nigeria’s B2B Marketplace Startup. Sabi Reached 150K Merchants, Raises Funding

Next Post
Nigeria’s B2B Marketplace Startup. Sabi Reached 150K Merchants, Raises Funding

Nigeria’s B2B Marketplace Startup. Sabi Reached 150K Merchants, Raises Funding

RECOMMENDED NEWS

MAX Receives A $31M In Series B Round, To Push Its Expansion Scheme Across Africa, And Further Its EV Infrastructural Development.

MAX Receives A $31M In Series B Round, To Push Its Expansion Scheme Across Africa, And Further Its EV Infrastructural Development.

1 year ago
The FCCPC Shares Its Blacklist Of Lending Apps In Nigeria

The FCCPC Shares Its Blacklist Of Lending Apps In Nigeria

11 months ago
Infinix Zero X To Feature Helio G96, 120Hz Refresh Rate, 5000Mah Battery And 45W Fast Charging

Infinix Zero X To Feature Helio G96, 120Hz Refresh Rate, 5000Mah Battery And 45W Fast Charging

1 year ago
Kenyan Fintech Zanifu Bridges The Existing Gap In Africa’s MSME Crediting Industry

Kenyan Fintech Zanifu Bridges The Existing Gap In Africa’s MSME Crediting Industry

1 year ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa app banking CBDC cbn central bank of nigeria cloud cryptocurrency Crypto market cybersecurity e-commerce e-naira east africa ecommerce economy enterprise fintech funding Fundraising google government inec internet investment kenya License microsoft mtn ncc nigeria Partnership Regulator remittance ride hailing seed social media software south africa startup technology telecom twitter west africa

Featured Categories

App
19 Posts
View Posts
Banking
17 Posts
View Posts
Business
7 Posts
View Posts
Cryptocurrency
27 Posts
View Posts
Cybersecurity
13 Posts
View Posts
East Africa
23 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
31 Posts
View Posts
Event
9 Posts
View Posts
Fintech/Finance
83 Posts
View Posts
Funding
29 Posts
View Posts
Gadget
11 Posts
View Posts
Government
55 Posts
View Posts
Insight
4 Posts
View Posts
Internet
20 Posts
View Posts
Investment
18 Posts
View Posts
Nigerian/African Tech
31 Posts
View Posts
North Africa
2 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
2 Posts
View Posts
Service
8 Posts
View Posts
Social Media
19 Posts
View Posts
Southern Africa
17 Posts
View Posts
Startup
83 Posts
View Posts
Telecom
35 Posts
View Posts
Transport
10 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
41 Posts
View Posts
No Result
View All Result
Loading
  • Amazon & Stripe
    Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
    • January 25, 2023
  • Airtel eSIM
    Airtel Launches eSIM Technology In Nigeria
    • January 25, 2023
  • Mafab Communication Debut 5G Cellular Data In Nigeria.
    • January 24, 2023
  • Spotify
    Tech Retrenchment: Spotify Has Prepared To Cut It Global Workforce This Week.
    • January 24, 2023
  • Kuda Bank
    The SBP Issues Kuda Bank FinTech License to Operate In Pakistan.
    • January 24, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
  • Airtel Launches eSIM Technology In Nigeria
  • Mafab Communication Debut 5G Cellular Data In Nigeria.

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact Us

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In