A leading telecommunications company in Uganda, known for its mobile money services and significant market presence.
MTN to spin off Uganda fintech pending regulatory and shareholder approval
MTN Uganda's fintech division is becoming a standalone entity to pursue growth and investment opportunities. The spin-off aligns with MTN Group's strategy to separate fintech units across Nigeria, Ghana, and Uganda by mid-2025.
MTN Uganda to spin off mobile money unit into a standalone fintech
MTN Uganda announced plans to spin off its mobile money business into a standalone fintech company. The restructuring will transfer MTN Mobile Money Uganda to a new entity owned by MTN Group Fintech Holdings B.V.
