Airtel Kenya will now reimburse its customers 50 per cent of transaction fees for bank-to-Airtel Money transactions. The offer, which is part of its ongoing “Rudishiwa” transaction fee ...

Airtel Money is Airtel's new mobile payment service. Launched initially for Gurgaon, Airtel Money is a first-time foray for a mobile operator to act as a digital wallet.

Airtel Money, which also has other microloan products, remains highly profitable, generating revenue of Shs737.1b in the year ended 2023, from which it returned a profit of Shs249.9b, an increase ...

Latest regulatory data from the Communications Authority of Kenya (CA) shows that the market share of Airtel Money more than doubled to 6.6 percent during the year to June 2024 up from 2.8 percent ...

Airtel Money’s expansion drive bagged its first boost in 2023 after the Central Bank of Kenya (CBK) gave a regulatory nod to mobile money operators to increase daily transaction limits to Sh500 ...

Billionaire Sunil Mittal’s Airtel Africa Plc is considering an initial public offering for its mobile money unit that could value it at more than $4 billion, according to people familiar with ...

However, MoMo’s Nigerian arm, MoMo PSB, saw a 55.6 per cent year-on-year decline in active wallets, dropping to 2.1 million in Q1 2025, a vulnerability Airtel’s fintech unit could capitalise on.

In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets.. The firm seems to have ...

Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund AMC BV’s $2.65 billion valuation on a cash and debt-free basis remains unchanged from the last time.