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    1.0.32

    MTN Fintech Platform Drives Surge in Digital Payments as Transactions Top US$ 500 Billion

    Fred
    By Fred Obura
    - March 16, 2026
    - March 16, 2026
    FintechAfrican Wall StreetTechnologyMarkets
    MTN Fintech Platform Drives Surge in Digital Payments as Transactions Top US$ 500 Billion

    MTN Group has reported a sharp expansion in its financial technology platform in 2025, with digital payments surging as more customers adopted advanced mobile money and fintech services across its African markets.

    • •The telecoms giant said the scaling of its fintech ecosystem helped push the volume of transactions up 15% to more than 23 billion, with the total value of payments exceeding $500 billion during the year.
    • •MTN said it ended the year with more than 307 million voice customers, 172 million data users and 70 million mobile money subscribers across its 16 markets.
    • •The growth followed sustained investment of R38 billion in network capacity, coverage and platform upgrades.

    “We continued to scale our fintech platform, growing the ecosystem and benefiting from greater customer take-up of more advanced services,” Group President and CEO Ralph Mupita said.

    The group posted strong commercial results in 2025, driven largely by its West African operations. Its largest unit, MTN Nigeria, and MTN Ghana delivered double-digit service revenue growth, while MTN South Africa maintained a resilient performance despite operating in a mature and highly competitive market.

    Data consumption also continued to accelerate, with traffic rising 27% and average monthly usage increasing to 12.5GB per customer, up from 10.8GB a year earlier, reflecting stronger smartphone adoption and digital service usage.

    Overall group service revenue rose nearly 25% to R218 billion, supported by improved macroeconomic conditions in several markets. Earnings before interest, tax, depreciation and amortisation reached R98.5 billion, climbing more than a third in constant currency terms.

    The improved performance strengthened shareholder returns, with MTN raising its dividend by 45% to 500 cents per share, from 345 cents the previous year. The company also unveiled an enhanced shareholder remuneration framework that includes a R6 billion share buyback programme.

    Related:

    One-off Tax Settlement Clouds MTN Uganda's Strongest Operating Year Since Listing

    Equity’s Mwangi Says Banks Must Adapt as Fintech Redefines Finance

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