MTN Actively Looking for Fintech Acquisitions – MTN CEO
- MTN is actively hunting for fintech startups to acquire.
- The company aims to transform from a traditional telecom operator into a diversified tech powerhouse.
- CEO Ralph Mupita highlighted three verticals for fintech: payments, lending, and remittances.
Techpoint Africa - Feb 4, 2026
MTN eyes fintech acquisitions to accelerate payments, lending and remittances push
MTN Group, led by CEO Ralph Mupita, is actively seeking fintech acquisitions to enhance its financia
MTN's strategic shift towards fintech acquisitions is a timely response to the current challenges in the African tech landscape. By focusing on integration and leveraging its substantial cash reserves, MTN not only positions itself as a leader in the telecom sector but also plays a crucial role in supporting the growth of innovative startups. This approach could foster a more resilient tech ecosystem in Africa.
