BankTech, the digital lending arm of MTN Mobile Money unit, disbursed a record $592 million in loans in Q1 2025, according to MTN Group’s financials, its highest since launching in August 2023. The surge highlights growing demand for microloans and the rising role of telcos in closing Africa’s credit gap.
The lending platform is MTN’s strategic push into banking-as-a-service (BaaS), offering APIs that enable fintech startups, businesses, and digital platforms to integrate financial services, such as lending, savings, and insurance, directly into their ecosystems. Loans are primarily issued to individuals and small businesses through MTN’s BankTech platform.
BankTech, the digital lending arm of MTN Mobile Money unit, disbursed a record $592 million in loans in Q1 2025, according to MTN Group’s financials, its highest since launching in August 2023. The surge highlights growing demand for microloans and the rising role of telcos in closing Africa’s credit gap.
The lending platform is MTN’s strategic push into banking-as-a-service (BaaS), offering APIs that enable fintech startups, businesses, and digital platforms to integrate financial services, such as lending, savings, and insurance, directly into their ecosystems. Loans are primarily issued to individuals and small businesses through MTN’s BankTech platform.
According to MTN’s financial reports, the surge was largely driven by strong performance in Ghana, Uganda, and Cameroon—markets where MTN’s fintech services are growing quickly and digital lending is becoming more established.
