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The fintech arm of MTN, partnering with Anchor for financial services.
News published about MTN MoMo

On Johannesburgβs streets, traders remain fiercely cash-first
TechCabal - Sep 02, 2025
Street traders in Johannesburg's inner city transform sidewalks into vibrant marketplaces, selling food, vegetables, and second-hand clothes. Gauteng accounts for approximately 29% of South Africa's informal economy, employing nearly 20% of the country's workforce.

Anchor celebrates third anniversary with $2.5 billion processed and key regulatory licences
Bendada.com - Sep 01, 2025
Anchor celebrates its third anniversary as a leading banking-as-a-service provider in Africa. The platform enables fintechs to issue currency accounts, facilitate transfers, and issue branded cards.

Digital payments to power Africaβs $1 trillion cross-border market by 2035, Oui Capital says
TechCabal - May 27, 2025
Africa's cross-border payments market is projected to reach $1 trillion by 2035, up from $329 billion in 2025. Remittance inflows in Africa hit nearly $100 billion in 2023, accounting for 5.2% of the continent's GDP.
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