MTN’s mobile money approval puts fintechs, banks on alert

Published by
Business Day

With the licence granted to MTN Nigeria Communications Plc to operate as a payment service bank (PSB), fintech companies and deposit money banks are seen facing increased competition. It has taken MTN, Africa’s largest telecommunication operator, nearly five years to finally get the Central Bank of Nigeria (CBN) to approve its application to become a […] read more MTN’s mobile money approval puts fintechs, banks on alert

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