The Chief Executive Officer of Mobile Money Fintech Limited (MoMo), Shaibu Haruna, has assured customers that services will continue without interruption.
He explained that the company’s separation from MTN Ghana follows regulatory rules. He added that customers will still access mobile money services in the same way.
Speaking on Monday, April 20, 2026, Mr. Haruna explained that Ghana’s financial regulations required the change.
“We became a standalone entity because it was necessary due to the regulations of the country. The Payment Systems and Services Act requires that we operate as a separate company and be regulated by the Bank of Ghana,” he said.
He said the company has worked on this transition for the past five years. During this period, the team made major structural changes to meet all regulatory standards.
Mr. Haruna explained that the move will also help the company grow. He said it will create more opportunities for partnerships and service expansion.
“Beyond the regulation, we also want a system that will allow us to go beyond a wallet service. This means we will be able to scale up quickly and form strategic partnerships to bring more value to Ghanaians,” he said.
He assured customers that the restructuring will not affect their experience. He said customers will continue to use services through the MTN network without any disruption.
“Our customers will not experience any change in the way we serve them. They will continue to access our services through the MTN distribution network. From their perspective, the only change will be the level of innovation that we will deliver,” he added.
Mr. Haruna also shared plans for the future. He revealed that the company intends to list on the local stock exchange within the next three to five years.
“We have also made a commitment to our shareholders that within the next three to five years, we will list MoMo on the local stock market to allow Ghanaians to buy shares in the business,” he said.
