MTN Mobile Money (MoMo) active users 2018-2024, by quarter

Published by
Ahmed Sherif,
Sep 18, 2024

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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Release date

June 2024

Region

Africa, MENA

Survey time period

2018 to 2024

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