A $5bn windfall: MTN’s big bet on fintech
Despite an ultimately unsuccessful foray into mobile money in SA in 2012, MTN is venturing back into fintech, with expectations it will account for about 20% of the group’s revenue mix in the next few years
03 June 2021 - 05:00
SA’s telecoms giants are eyeing mobile payments and digital financial services in Africa — collectively known as fintech — as an immense untapped market.
Analysts expect that MTN, in particular, could list its fintech business in the next year, leading to a windfall for the company...
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