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Who is Winning Mobile Money Battle Between MTN, Vodacom, And Airtel Africa?


mobile money or FinTech, which has become big business for top mobile operators –
MTN, Vodacom, and Airtel Africa.
Database company, Statista, says for those people with no access to banking services, mobile money provides financial inclusion, a way to participate in the economy without a bank account.
The use of mobile money in Africa, one of the most underbanked regions globally, has skyrocketed.
In 2019, 200 million users made 24.46 billion mobile money transactions in Sub-Saharan Africa. The Middle East and Northern Africa accounted for 64.15% of all transactions made worldwide.
The mobile money space is undergoing rapid growth, with big African mobile operators jostling for a share. ....

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