MTN Nigeria’s fintech arm has reported an impressive ₦131.62 billion in revenue so far this year, marking a significant milestone in the company’s digital financial services journey. The growth, primarily fueled by airtime lending, underscores MTN’s expanding role as a major player in Nigeria’s rapidly evolving fintech ecosystem.
According to MTN’s financial results for the nine months ending September 2025, the fintech division continues to be one of the group’s fastest-growing segments. Airtime lending, which allows customers to borrow credit and repay later, has proven to be a major driver of financial inclusion, especially among low-income and unbanked Nigerians who rely heavily on mobile services. The convenience and accessibility of these micro-loans have made them a preferred option for millions of users across the country.
MTN’s fintech services encompass more than airtime lending. The company has also made strategic investments in mobile money operations, bill payments, and merchant services, aimed at expanding its financial ecosystem. However, airtime lending remains its most profitable product, driven by Nigeria’s large prepaid mobile user base. The service not only generates interest-based revenue but also strengthens customer loyalty and retention.
Industry analysts say MTN’s fintech success highlights the potential of telcos as financial service providers in Africa. With Nigeria’s financial inclusion rate still below the global average, telecom-led financial products continue to bridge the gap between traditional banking and digital access. MTN’s strategy to leverage its extensive customer base, combined with partnerships and technology investments, positions it as a key competitor to traditional banks and newer fintech startups.
Looking ahead, MTN plans to further diversify its fintech portfolio, including expanding its MoMo (Mobile Money) platform and integrating more credit, savings, and insurance services. As regulatory support for digital finance grows, MTN’s fintech revenue could see even greater momentum in 2026 and beyond.
With ₦131.62 billion already recorded in 2025, MTN’s fintech division stands as a strong testament to how innovation and accessibility can reshape Africa’s digital economy.
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