MTN Mobile Money (MoMo) active users 2018-2023, by quarter
MTN Group's mobile money service – MoMo – more than doubled the number of active users from 2018 to 2023. As of the third quarter of 2023, there were around 61.7 million active users on MoMo to send and receive mobile money payments. This represents a significant increase of around three million active users compared to the previous quarter. The number of active users on MoMo reached a record value of over 69 million active users in the fourth quarter of 2022.