MTN Eyes Banking License in South Africa’s Evolving Financial Landscape
MTN Eyes Banking License in South Africa’s Evolving Financial Landscape
MTN is set to pursue a banking license once the South African Reserve Bank (SARB) opens the national payments system to fintech and non-banking entities.
This development marks a significant shift in the financial landscape, as reported by Sunday Times .
The move could aligns with MTN’s broader strategy to expand its financial services offerings and solidify its role in South Africa’s digital economy.