24 results
- 5 Oct 2022
MoMo Bill Payment: What it is and why to use it
Payments are a necessity for both individuals and businesses. The need to make payments is perhaps the one thing all customers have in common. Daily, individuals and businesses pay utility bills such…
- 22 Nov 2022
Nigerian Fintech Solution Improving Access to Bill Payment in Rural Communities
In Nigeria, the creative application of technology to the provision of financial services is having a positive effect on both business operations and individual experiences. Fintech solutions are…
- 17 Nov 2022
Nigerian Fintech Solution Introduces Bill Payment for the Unbanked Population
A recent report by EFInA shows up to 38 million Nigerian adults, translating to about 36% of the total adult population in the country, were financially excluded. Against this backdrop, MoMo Bill…
- 19 May 2022
MoMo Payment Service Bank Formally Commences Operations
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited,…
- 13 Nov 2024
Here are Six Ways You Should Use MoMo PSB for Seamless Transactions
In today’s fast-paced digital world, Mobile Money (MoMo) services have become essential for managing financial transactions conveniently and securely. MTN’s MoMo service offers a plethora of features…
- Business28 Aug 2026
MoMo PSB Appoints Bode Abifarin as CEO
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode Abifarin as its Managing Director and Chief Executive Officer, effective 1 September 2026.
- 2 Sept 2022
MoMo PSB Unveils New Brand Ambassador
Mobile money operator, MoMo Payment Service Bank, has announced popular comedienne, Anita Asuoha, popularly known as ‘Real Warri Pikin’, as its first ever Brand Ambassador for its brand. The…
- 11 Dec 2025
MoMo PSB Brings Relief to UNILAG Students with Ultra-Cheap Bus Fares
MoMo Payment Service Bank (MoMo PSB), a fintech subsidiary of MTN Nigeria, has announced a partnership with Ogata Electric Vehicles to provide subsidised bus rides of ₦10 per fare to students of the…
- 8 Aug 2024
MTN Nigeria takes full control of MoMo bank for $4.6m
MTN Nigeria recently announced that it has successfully acquired a 7.17% minority interest in Mobile Money Payment Service Bank (MoMo PSB), which was formerly controlled by Acxani Capital, for a…
- 17 Apr 2025
MoMo PSB Launches Refer & Win Promo: Free Airtime or Data for Life Awaits Nigerians
MoMo PSB, a subsidiary of MTN Nigeria and a leading provider of digital financial services, has unveiled its Customer Refer & Win Promo, an exciting initiative aimed at rewarding loyal customers…
- 9 Apr 2021
How to Withdraw Money with ‘MoMo Agent Cardless Withdrawal’ without Going to an ATM
Have you been in a situation where you urgently need cash but do not have your debit card with you? Perhaps you have your debit card but there is no ATM in sight or you want to send money to someone…
- 9 Mar 2019
MTN Builds Own Messaging App to Integrate Its Mobile Money Service
MTN has developed an instant messaging platform which it hopes will become the "African WeChat", with plans to launch it in two markets in the next month or so. "We intend to launch it across…
- 4 May 2021
YFDS Partners Bet Operators for Seamless Service
Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria, has announced its partnership with gaming operators, Betway and BetPawa through its flagship mobile money transfer service, MoMo…
- 28 Oct 2021
Remita Partners MTN’s Yello Digital Financial Services to Deepen Financial Inclusion
Remita, a leading Africa-focused fintech brand, has partnered with Yello Digital Financial Services (YDFS), the Fintech subsidiary of MTN Nigeria and the operator of MoMo Agent Service, to extend…
- 8 Nov 2020
MTN Expands MoMo Service Offerings to Deepen Financial Inclusion Drive
The Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo products and services, in a bid to deepen financial inclusion in Nigeria. As part of the expansion, ‘MoMo…
- 18 Mar 2025
MoMo PSB Launches 'Refer & Win' Promo with Airtime and Data Rewards for Loyal Customers
MoMo PSB, Leading provider of digital financial services, a subsidiary of MTN Nigeria, has launched its Customer Refer & Win Promo, a new initiative designed to reward loyal customers with free…
- 14 Nov 2023
How Did MTN MoMo Hackathon Winners Create Financial Magic for Financial Inclusion
MoMo Hackathon 2023 was a stage set for innovation, collaboration, and financial brilliance. Developers, innovators, and entrepreneurs across Nigeria converged to showcase their skills, creativity,…
- 26 Sept 2019
MTN, Other Fintechs Ring Danger for Banks- OPay Boss
Iniabasi Akpan, country manager for OPay in Nigeria, has said traditional banks should be worried about the fintechs and telecommunications companies granted approval by the Central Bank of Nigeria…
- 14 Aug 2024
Unlocking Digital Inclusion: S.Mobile and MTN Nigeria Partner for MoMo PSB and Data Bundles, Airtime
In a move that promises to revolutionize access to digital services and financial inclusion for millions of Nigerians, S.Mobile has joined forces with MTN Nigeria. This strategic partnership focuses…
- 3 Mar 2021
MTN Expands MoMo Cardless Cash Withdrawal Service to Over 20 Banks and 20 Other Financial Institutions
MTN through its Y’ello Digital Financial Services expanded its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial institutions nationwide, providing seamless financial…
- 19 Mar 2021
MTN Expands Cardless Cash Withdrawal Service to Over 40 banks, Other Financial Institutions
MTN Nigeria through its Y’ello Digital Financial Services has expanded its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial institutions nationwide, providing seamless…
- 7 Apr 2021
Mobile Money: MTN Expands Cardless Cash Withdrawal Service to 44 Financial Institutions
Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial…
- 14 Nov 2023
PalmPay Wins Big @ Nigerian Marketing Awards
PalmPay is a leading Africa-focused fintech platform committed to driving economic empowerment in Africa. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay brings…
- 3 Sept 2020
Airtel Africa Partners MoneyGram for Quick Money Access Across Africa
Airtel Africa’s partnership with MoneyGram, announced on August 21st, is supposed to provide millions of users across the continent with a quick way to receive money. Airtel Africa is well known as a…