Stephen Mutana

The MTN MoMo Exco team,(clockwise from the top): Richard Yego, Managing Director; Jemima Kariuki, Chief Products Officer; Stephen Mutana, Chief of Strategy and Stakeholder Management; Sarah Bateta Okwi, Chief Financial Officer; Albert Gitta, Chief of Information Technology; Alex Wekoye, Chief Commercial Officer; Israel Mayengo, Head of Risk and Compliance; Stephen Wakhula, Head Internal Audit; William Senfuma, Head of Business Intelligence; Peter Ochen, General Manager, Financial Operations; Joachim Masagazi, Head of Human Resources and Sheila Kawooya, Head of Corporate Services.

PROFILES⎮ Meet MTN MoMo’s fluent-in-fintech dozen leading the search for Mo shared growth

Of this, MTN Mobile Money (U) Limited (MTN MoMo) the fintech subsidiary of MTN Uganda, Uganda’s largest telco commanded a lofty market share of 12.36 million active customers (56% market share). MTN
Left-Right: MTN MoMo senior executives⏤ Richard Yego, the Managing Director; Jemima Kariuki-Njuguna, the Chief Product Officer; Stephen Mutana, the Chief of Strategy and Stakeholder Management; Sarah Bateta Okwi, the Chief Financial Officer and Alex Wekoye, the Chief Commercial Officer.

3 years after being spun off the parent company, MTN Mobile Money is emerging into Uganda’s largest fintech

Ahead of the fintech’s 3rd anniversary, CEO East Africa Magazine’s Executive Editor, Muhereza Kyamutetera, spoke to Richard Yego as well as Jemima Kariuki-Njuguna, the Chief Product Officer; Stephen Mutana, the Chief of
Customers at an MTN Mobile money booth. MTN Money Uganda Ltd controls the biggest market share of mobile lending in Uganda

MTN Mobile Money Uganda Limited, Dutch TerraPay partner to aid real-time money transfers into key international corridors

MTN Mobile Money Uganda Limited has partnered with Dutch global payments infrastructure company TerraPay, in a partnership that will enable MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances
January 9, 2022
The MoKash platform allows customers of Ugandan mobile telecommunications company MTN to save from as low as UGX50 and borrow amounts from UGX3000 to UGX1 million

Digital Financial Services Extend Credit to Unbanked Ugandans

Slightly over one in every three Ugandans have a bank account, with a reported 16.5 million Ugandans still using traditional saving methods such as physical cash, livestock and agriculture. With only 16
Stephen Mutana GM - Mobile Financial Services MTN Uganda He says the transformative role of mobile financial services will depend largely on whether stakeholders private, government or international organization invest in approaches to solve every day problems.

One on One: MTN’s Stephen Mutana Explains how Fintech, bank partnerships will deepen financial inclusion

What is your take on Fintech as far as financial inclusion is concerned? Financial technologies promise to increase efficiency in delivering financial services and promote financial inclusion. Currently, mobile penetration in the
October 22, 2020

 

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