Mobile money users spend $100bn on bills as digital finance expands
Mobile money continues to transform financial services worldwide, with users spending nearly $100 billion on bill payments in 2025, representing ...
Sunday, May 31, 2026
Tag: Mobile money
Africa powers global mobile money rise as transactions hit $2trn
What began as a simple way to send money has transformed into a powerful engine of financial inclusion. Mobile money ...
Mobile money push in EMs to see users top 2.2bn by 2030
The number of mobile money users in emerging markets is set to rise to 2.2 billion by 2030, according to ...
Mobile money transaction value hits $1trn globally in 2021, GSMA finds
BY ONOME AMUGE The mobile money industry soared towards a new milestone in 2021 as the value of transactions processed ...
Volume of mobile transactions in Nigeria surged 82.6% y/y to 1.7bn in 2020, report shows
Charles Abuede A recent report obtained from the Nigerian interbank settlement system (NIBSS) has revealed that there was an ...
Airtel enters agreement to will out minority stake of its mobile money service to Mastercard for $100m
Says transaction will be used to reduce Group debt and invest in network infrastructure Charles Abuede Following the recent acquisitions ...
Africa dominates 1.2bn global mobile money market, despite Covid19 – GSMA report
…Daily transactions exceeded $2bn, GSMA expects above $3bn a day in 2022 …SSA at forefront of MoMo industry over a ...
Airtel Africa, WorldRemit join forces to raise financial inclusion in Africa
By Omobayo Azeez Airtel Africa is scaling up its operations with WorldRemit, the global digital money transfer service that operates ...
Airtel plans mobile money business roll-out in Nigeria
Airtel Africa has said it will soon roll out its mobile money business in Nigeria. Raghunath Mandava, its chief executive ...
EcobankPay hits N1bn in transactions value
EcobankPay, the lifestyle digital payments and collections service of Ecobank Nigeria has recorded a cumulative transaction value of over N1 ...
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