MTN moves MoMo to cloud-native infrastructure as its African fintech ambitions expand
- MTN Group Fintech completed the migration of its Mobile Money platform to a cloud-native architecture in Eswatini, Ghana, Rwanda, and Uganda.
- The migration was executed in partnership with technology provider Ericsson.
- The upgraded platform has shown performance gains, with CPU processing overhead and database load reduced by up to 86%.
The migration of MTN's MoMo platform to a cloud-native architecture is a significant step towards enhancing digital financial services in Africa. This strategic move not only improves performance but also positions MTN to better meet the growing demand for mobile financial services. It will be interesting to see how this upgrade influences competition in the fintech space across the continent.
