5
companies
Mobile-based money transfer, digital wallets, and USSD payment services enabling financial access across Africa.
Ivory Coast
·
2008
Orange Money is a mobile money service provided by Orange, a global telecommunications operator. It enables users to perform a wide range of financial transactions, including money transfers, bill payments, and merchant payments, directly from their mobile phones, primarily serving unbanked and underbanked populations across Africa and the Middle East.
South Africa
·
2009
MTN MoMo (Mobile Money) is a digital financial service platform offered by MTN Group, a leading African telecommunications company. It enables users to send and receive money, pay bills, purchase airtime and data, and make merchant payments directly from their mobile phones, serving both banked and unbanked populations across Africa.
Nigeria
·
2009
Paga is a leading mobile payment platform in Nigeria, providing a wide range of financial services including money transfers, bill payments, and airtime top-up. It connects digital transactions with an extensive agent network, driving financial inclusion across the country.
Kenya
·
2007
M-Pesa is a pioneering mobile money transfer, financing, and microfinancing service, launched by Safaricom and Vodafone. It allows users to send and receive money, pay bills, and access financial services through their mobile phones, primarily targeting individuals and businesses in emerging markets. Its value proposition lies in providing accessible, secure, and convenient financial inclusion for millions, especially the unbanked.
Senegal
·
2014
Wave is a mobile money service that aims to make financial transactions affordable and accessible across Africa. It allows users to deposit, withdraw, and pay bills for free, while charging a simple 1% fee for sending money, significantly undercutting traditional mobile money providers.
