MTN MobileMoney Fintech Limited (MMF) has kicked off 2026 with a remarkable financial performance, posting revenue of approximately GHS1.7 billion for the first quarter of the year.

The impressive figure represents a year-on-year growth of 28.4 percent, underscoring the continued expansion of Ghana’s digital financial services ecosystem and the growing dominance of MTN MoMo in the mobile money market.

The strong earnings performance has not only reinforced investor confidence but has also translated into direct rewards for shareholders. In a move that has generated excitement among investors, the company announced an interim dividend of 30 pesewas per share, payable on June 18, 2026.

The announcement was made during the company’s maiden Extraordinary General Meeting (EGM), where shareholders also approved a new board of directors and endorsed the appointment of Ernst & Young (EY) as the company’s external auditor.

Shareholders Set To Enjoy Early Returns

The declaration of an interim dividend marks a significant shift in MTN MoMo’s shareholder value strategy following its separation from MTN Ghana at the end of March 2026.

Chief Executive Officer, Shaibu Haruna, explained that the June dividend payment is distinct from the company’s final dividend, which will be determined separately at the end of the financial year.

According to him, the revised dividend structure is designed to give shareholders greater visibility and more frequent access to investment returns.

The move is expected to be particularly attractive to investors who hold shares in both MTN Ghana and MTN MobileMoney Fintech Limited. Mr. Haruna disclosed that combined dividend declarations from both companies for the first quarter are expected to provide shareholders with substantial returns, reflecting the strong financial health of the two entities.

The dividend announcement signals management’s confidence in the company’s growth trajectory and future earnings potential.

New Chapter Following Corporate Separation

The first quarter results are especially significant because they come shortly after the successful separation of MTN MobileMoney Fintech Limited from MTN Ghana.

Chief Finance Officer, Antoinette Kwofie, noted that the restructuring exercise has created a distinct shareholder base for the fintech business while allowing MTN Ghana to continue operating under its own corporate structure.

She described the transition as an important milestone that positions the company for greater operational flexibility and enhanced focus on innovation within the digital financial services sector.

Mrs. Kwofie also expressed gratitude to shareholders for their support throughout the transition process, emphasizing that the EGM served as an opportunity to unite investors behind the company’s new direction and growth ambitions.

Innovation Remains At The Heart Of Growth

Despite the impressive financial results, management insists that the company is only beginning its next phase of expansion.

Mr. Haruna highlighted innovation as a central pillar of MTN MoMo’s strategy, revealing that customers can expect more exciting digital financial solutions in the coming months.

The CEO stressed that the company remains committed to transforming Ghana’s mobile money landscape through innovative products and services that enhance convenience, financial inclusion, and customer experience.

Industry analysts believe the strong revenue growth reflects increasing adoption of digital payments, merchant services, and financial technology solutions across Ghana’s economy.

As more consumers and businesses embrace cashless transactions, MTN MoMo appears well positioned to capitalize on the growing demand.

Strong Fight Against Digital Fraud

While celebrating its financial success, the company is also intensifying efforts to combat digital fraud, a challenge that continues to affect the broader fintech industry.

Mr. Haruna reaffirmed MTN MoMo’s commitment to protecting customer funds through extensive public education campaigns and closer collaboration with ecosystem partners.

He revealed that the company recently released a white paper on digital fraud, demonstrating the seriousness with which management views the issue.

According to him, addressing fraud requires collective action involving customers, financial institutions, regulators, and technology partners.

The company believes strengthening awareness and improving security measures will play a critical role in sustaining trust within Ghana’s rapidly expanding digital finance ecosystem.

Governance Strengthened For Future Expansion

The EGM also focused heavily on governance matters aimed at positioning the company for long-term success.

Shareholders approved six directors, subject to clearance by the Bank of Ghana. The approved individuals include Modupe Kadri, Serigne Dioum, Adekunle Benjamin Awobodu, Antoinette Kwofie, Susan Yawson, and Bashirat Odunewu, who will serve as an Independent Non-Executive Director.

Mrs. Kwofie explained that the company continues to apply rigorous performance evaluation standards at both board and auditor levels to ensure accountability and effective oversight.

The appointment of Ernst & Young as external auditor was also approved by shareholders, with management citing the firm’s reputation and ability to deliver value to both shareholders and company leadership.

Outlook Remains Bright

With GHS1.7 billion in quarterly revenue, strong dividend payouts, a new corporate structure, and a renewed focus on innovation and governance, MTN MobileMoney Fintech Limited appears poised for another year of strong growth.

The company’s impressive first-quarter performance highlights the increasing importance of digital financial services in Ghana’s economy and reinforces MTN MoMo’s position as one of the country’s leading fintech players.