MTN Group has announced that MTN’s fintech subsidiary Mobile Money Corporation (MMC) has been granted a Payment Services Provider license.
What They’re Saying
“When we established our FinTech subsidiary, the Mobile Money Corporation (MMC), our dream was to build a MoMo ecosystem accessible to all,” said MTN Cameroon CEO Mitwa Kaemba Ng’ambi.
Today, we are proud to announce that MC has now been granted its own Payment Services Provider License, allowing it to offer even more diverse FinTech services.
We thank all Stakeholders for their support and belief in MMC to drive the financial inclusion agenda of Cameroon.”
“As the Mobile Money Corporation (MMC) and FinTech subsidiary of MTN Cameroon, we are extremely excited to have been granted a Payment Services Provider License” – Alain Nono, CEO, Mobile Money Corporation.
With this License, our more than 5 million customers who transact every month, can look forward to a wider range of innovative and affordable FinTech services”.
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