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MTN logo — Innovative financial technology delivering seamless solution...

MTN

Innovative financial technology delivering seamless solutions.

Founded 1994 South Africa Johannesburg, South Africa 42106 employees Corporate Round Total: $3.80B Finance, Financial Services +1

General Information

Company Name MTN
Founded Year 1994
Location South Africa Johannesburg, South Africa
Employees 42106
Industries Finance, Financial Services, Fintech
Funding Stage Corporate Round
Business Model B2C, B2B, Platform
Revenue Model Subscription, Transaction Fee, Usage Based
Social

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About MTN

MTN is a well-established player in the finance and financial services sectors, primarily operating as a fintech company. Founded in 1994, MTN is headquartered in South Africa and provides an array of products including voice, data, mobile financial services, and digital products across 16 markets in Africa.

The company is distinguished by its slogan, "Innovative financial technology delivering seamless solutions." This encapsulates its commitment to leveraging technology for delivering efficient financial services across diverse regions.

The company's latest funding activity was a substantial ZAR3.80B Corporate Round investment led by Mastercard on 14 August 2023. This solid injection of capital not only highlights the investor confidence in MTN's business model and growth trajectory but also positions the company for further expansion into emerging markets.

Business keywords: mobile financial services, digital products, telecommunications, voice services, data services, innovation, marketing, corporate social responsibility, ICT, seamless solutions

Services & Products

Telecommunications
Digital Solutions
API Integration
Network Services
Data and Analytics

Target Customers

Enterprises API Developers Telecom Users African Market Investors

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round ZAR3.80B 1
Mastercard
Mastercard
14 Aug 2023

MTN Alternatives & Competitors

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MTN vs
Paga Group Ltd
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FAQ About MTN

Innovative financial technology delivering seamless solutions.
MTN was founded in 1994.
MTN is headquartered in Johannesburg, South Africa.
MTN operates in Finance, Financial Services and Fintech. Its work centres on mobile financial services, digital products, telecommunications and voice services. Its customers include Enterprises, API Developers and Telecom Users.
MTN has a B2C, B2B and Platform business model. Its revenue comes from Subscription, Transaction Fee and Usage Based.
MTN has approximately 42106 employees.
MTN has completed 1 funding round, raising a total of $3.80B. The latest funding stage is Corporate Round.
MTN offers: Telecommunications, Digital Solutions, API Integration, Network Services, Data and Analytics.
Top alternatives and competitors to MTN include Paga Group Ltd, Metasite, Interswitch Group, Q2ebanking, CreditPilot. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MTN and Paga Group Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MTN, https://bouncewatch.com/company/mtn, updated 9 March 2026. When citing, please name BounceWatch and link this page.

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