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.
Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter
(in millions)
Characteristic
Users in millions
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
MTN Group. (November 7, 2022). Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter (in millions) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. "Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter (in millions)." Chart. November 7, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. (2022). Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter (in millions). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group. "Number of Mtn Mobile Money (Momo) Active Users from 2018 to 2023, by Quarter (in Millions)." Statista, Statista Inc., 7 Nov 2022, https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/
MTN Group, Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter (in millions) Statista, https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/ (last visited September 01, 2024)
Number of MTN Mobile Money (MoMo) active users from 2018 to 2023, by quarter (in millions) [Graph], MTN Group, November 7, 2022. [Online]. Available: https://www.statista.com/statistics/1139539/mtn-mobile-money-active-accounts/