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MTN wants banking licences as Africa’s telecoms and banks converge around your money

TechTrends KEEditor
August 27, 2026 | 12:00 PM1 min read
Originally published on TechTrends KE
MTN wants banking licences as Africa’s telecoms and banks converge around your money

MTN is considering becoming a bank in some of its biggest African markets, a move that could take the telecom giant much deeper into a business it has already entered through mobile money and digital lending. The company is exploring banking licences that would allow it to take deposits and, over time, lend money from … The post MTN wants banking licences as Africa’s telecoms and banks converge around your money appeared first on TechTrendsKE .

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