MTN Group's mobile money service – MoMo – more than doubled the number of active users from 2018 to 2024. As of the second quarter of 2024, there were around 66 million active users on MoMo to send and receive mobile money payments. This represents a significant increase of around half a million active users compared to the previous quarter. The number of active users on MoMo reached a record value of over 72 million active users in the fourth quarter of 2023.
Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter
(in millions)
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MTN Group. (June 30, 2024). Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter (in millions) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. "Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter (in millions)." Chart. June 30, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. (2024). Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter (in millions). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. "Number of Mtn Mobile Money (Momo) Active Users from 2018 to 2024, by Quarter (in Millions)." Statista, Statista Inc., 30 Jun 2024, https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group, Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter (in millions) Statista, https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/ (last visited December 23, 2024)
Number of MTN Mobile Money (MoMo) active users from 2018 to 2024, by quarter (in millions) [Graph], MTN Group, June 30, 2024. [Online]. Available: https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/