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MTN Group Explores Banking Licences to Expand Lending From Balance Sheet

Vail Resorts logoVail Resorts
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MTN Group logoMTN Group
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MTN Group is exploring banking licences in select markets to expand lending through its own balance sheet, while continuing existing bank partnerships. Africa’s largest telecom operator said the move supports its fintech push as mobile-money lending grows alongside payments and e-commerce, using customer wallet balances in markets with large user bases to broaden revenue beyond telecommunications.

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