By Vivian Amoah
Customers of Mobile Money (MoMo) services in Ghana can continue to transact without interruption despite the recent structural separation between MTN Ghana and Mobile Money Fintech Limited.
The Chief Executive Officer of Mobile Money Fintech Limited, Shaibu Haruna, has assured the public that the move will not impact the delivery of services. According to him, all core functions including sending and receiving money, bill payments, and merchant transactions will continue to operate seamlessly.
The separation follows regulatory requirements under Ghana’s financial sector laws, which encourage a clear distinction between telecommunications operations and financial services. As a result, Mobile Money Fintech Limited now operates as an independent entity responsible for all MoMo-related services, while MTN Ghana continues to focus on its telecommunications business.
Mr. Haruna explained that the restructuring is aimed at strengthening governance, improving transparency, and positioning the mobile money business for future growth. He emphasized that customers, agents, and merchants should not expect any disruption in service delivery.
Industry analysts view the development as a significant step in the evolution of Ghana’s fintech landscape, noting that it could enhance innovation and expand access to digital financial services across the country.
Ghana becomes one of the first markets within the MTN Group to fully separate its mobile money business, highlighting the growing importance of fintech in the nation’s economy.
For millions of users who rely on MoMo for daily transactions, the message remains clear: services remain unchanged, even as the business structure evolves.
