MTN MoMo Marks 15 Years: Honoring Partners, Agents and Merchants

MTN Ghana celebrated 15 years of its revolutionary mobile money service, MTN MoMo, at the Mövenpick Ambassador Hotel in Accra. The MTN MoMo @15 National Stakeholder Dinner and Awards night recognized outstanding partners, agents and merchants.

The MTN MoMo @15 National Stakeholder Dinner and Awards night held on Friday, November 8, 2024, at the Mövenpick Ambassador Hotel highlighted its commitment to financial inclusion and recognized key contributors to MoMo’s success story in Ghana.

Since its inception in 2009, MTN MoMo has transformed the financial services landscape in Ghana, providing millions with access to convenient, secure, and affordable mobile money services. The platform has millions of users and continues to be an essential tool for financial transactions.

The Chief Executive Officer of MobileMoney Limited, Shaibu Haruna, expressed gratitude to all stakeholders such as bank and non-bank partners, merchants and agents for their various plays in ensuring that MTN MoMo grew in leaps and bounds.

He highlighted that after 15 years, MTN MoMo has surmounted challenges especially encountered in it early stage of introduction and has contributed significantly to Ghana’s economy, stressing that it will continue to do so into the future.

Shaibu Haruna, Chief Executive Officer of MobileMoney Limited.

Shaibu Haruna indicated future strategies for MTN MoMo, focusing on leveraging emerging technologies to enhance service offerings which will meet the evolving needs of Ghana’s financial landscape, reaffirming its dedication to expanding MoMo’s reach by unlocking new financial opportunities.

“The Ghanaian Fintech industry is on the verge of explosive growth and I hope you believe in that. Given the robust infrastructure and policy framework that are in place, we believe we are on the verge of an even stronger evolution of the industry.

It is a fact that despite all the great strides we have achieved, the level of service penetration which is critical in the financial ecosystem is still very low. We continue to see significant opportunities [and some will call it gaps] in the area of digital payments, cross-border payments, insurance, investment and e-commerce. These are opportunities that we can co-create and develop in the future. The key to unlocking this piece is around how we collaborate focus and scale. Our ambition for the next decade is to provide financial freedom for every Ghanaian by empowering them to be able to do every service,” he said.

The MTN MoMo @ 15 National Stakeholder Dinner and Awards night saw distinguished agents, merchants, and partners recognized for showing exceptional service and dedication. Winners were recognized not only for their transaction volumes but also for their role in fostering a customer-centric approach, ensuring financial inclusivity, and promoting the use of MoMo for various daily transactions.

Special recognition was given to Madam Rita Mensah for starring in MTN Ghana’s ‘Mensa Aka’ advert. She received a cash prize of GH₵30,000.

Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, was also recognized as the Fintech Champion Of The Decade.

Below is the list of award winners on the night:

Fintech Category Awards

Fintech Partner Of The Year (B2B)- Nsano

Most Innovative Fintech Partner – appsNmobile

Fintech Partner Of The Year (Government Sub Category) – Hubtel

Fintech Partner Of The Year (Merchant Sub Category)- BluPenguin

Overall Best Fintech Company – Hubtel

Product Awards Category

Bank Partner Of The Year (Lending Sub Category ) – Letshego

Fintech Partner Of The Year – Jumo

Remittance Partner Of The Year (Remittance Sub Category) – IT Consortium

Most Innovative Product Of The Year – Agent Flex by Tyra and FAB

Special Recognition Award – Madam Rita Tetteh who received a cash prize of GH₵30,000

Best Performing Partners Awards

Government Partner Of The Year – Electricity Company of Ghana
Corporate Partner Of The Year – Keed Ghana Limited
Technology Partner Of The Year- Ericsson

Overall Best Financial Service Provider - First Atlantic Bank

Fintech Champion of the Decade - Archie Hesse -CEO of GHIPSS

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