MTN’s BankTech disburses $592 million in Q1 loans amid rising credit demand

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.

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