Accra, Ghana//-MobileMoney Fintech LTD (MMFL) has joined IC Asset Managers to launch the IC Liquidity Fund on the MoMo App, marking another significant milestone in expanding access to digital financial services in Ghana.
The launch reinforces MMFL’s commitment to moving beyond payments by empowering customers to grow and manage their wealth through simple, secure, and convenient investment solutions.
Through the MoMo App, customers can now access a regulated investment fund directly from their mobile phones, making investing more accessible to everyday Ghanaians, Head, Legal and Reputation Management of MobileMoney Fintech LTD, Paapa Osei, assured at the launch on Wednesday, July 22.
He added that the IC Liquidity Fund on the MoMo App is therefore the next step in that journey, building on a proven partnership to further deepen financial inclusion.
“At MobileMoney Fintech LTD, we are pleased to partner with IC Asset Managers, one of Ghana’s leading investment managers, to combine their investment expertise with our trusted digital financial platform”, Mr Osei said.
The company has also simplified onboarding by building on existing MoMo customer information, while maintaining compliance, security, and customer protection, according to him.
Mr Osei thanked MoMo customers for the trust they continue to place in the company as they provide convenient digital solutions for everyday financial transactions.
This partnership has been built on that trust, supported by the regulatory framework governing the fund, a sound investment structure, and our commitment to ensuring timely access to customers’ funds.
Together with IC Asset Managers, the partners are making investing simpler, more accessible, and more relevant for Ghanaians.
Mr Osei therefore encouraged all MoMo customers who have not yet downloaded the MoMo App to do so and explore the IC Liquidity Fund conveniently from their mobile phones.
“At MMFL, we will continue to support customers with financial education through our platforms, helping them make informed decisions and gain greater value from our services. We also encourage IC Asset Managers to remain responsive to customer feedback and continuously enhance service delivery”.
“The partnership builds on our long-standing collaboration with IC Asset Managers, which began during MTN Ghana’s Initial Public Offering (IPO) in 2018. Together, we helped democratise access to the capital market by enabling customers to purchase MTN shares through MoMo”.
He explained that innovation reduced barriers to capital market participation and has since helped make it easier for people to buy and sell shares in companies listed on the Ghana Stock Exchange through MoMo.
The launch of the IC Liquidity Fund follows earlier product launches such as Flexi Pensions-Peoples Pensions Trust, Coronation SME Insurance, and Misika by Adehyeman Savings & Loans.
The same mobile phone that enables people to transact should also help them save, invest, and build long-term financial security. Yet many savings remain idle because investing is often seen as complicated, capital-intensive, or out of reach. This latest partnership helps change that.
Ghanaians save in many ways: traders from daily sales, farmers after harvest, young professionals towards key life goals, and parents for their children’s future.
Momo in numbers
At the heart of MMFL’s success is rapid user growth and engagement.
Active mobile money users rose 12.3% to 19.3 million in 2025, up from 17.2 million in 2024.
Significantly, transaction activity grew even more dramatically, with total volumes increasing 18.4% from 7.1 billion to 8.4 billion, and transaction values surging 53.8% from GH¢2.7 trillion to GH¢4.1 trillion.
Recent Data from the Bank of Ghana (BoG) indicates that mobile money has become the backbone of retail financial transactions, dominating payments for goods and services, utility bills, remittances, and microloans.
Unlike traditional banks, which rely on branch networks and formal account processes, mobile money platforms leverage mobile phones, agent networks, and USSD technology to deliver services instantly and at lower cost.
This accessibility has made mobile money indispensable for small businesses and informal sector operators, enabling seamless transactions, access to credit, and participation in the digital economy.
Solid first-quarter performance
The Chief Executive Officer of MobileMoney Fintech LTD, Shaibu Haruna, told journalists that the company posted impressive financial results in the first quarter of 2026.
According to him, the company during that period generated revenue of GHC1.7 billion, which was about a 28.4% year-on-year increase. That amount, he added, translated into the interim GHC 0.03 dividend payout.
The company delivered a solid first quarter performance in 2026; as a result, the board has recommended a dividend of GHS0.03 (3 pesewas) per share for the quarter ended 31st March 2026.
This represents a tangible return to shareholders, and reflects the financial discipline that will continue to guide MMFL management, the Board Chairperson of MMFL, Madam Victoria Bright, said at the company’s second Extraordinary General Meeting held on 12th June this year.
“Together with a first quarter’s dividend of GHS0.03 per share from MTN Ghana, this brings a total dividend of the first quarter of 2026 to GHS0.06 per share for shareholders and beneficiaries”.
Going forward, public companies intend to pay dividends quarterly rather than the usual half-yearly.
Post-merger
The merger, which was completed on the 31st of March 2026, has been described by industry watchers as the first and smoothest merger in the country’s fintech space.
The integration of MML, formerly MobileMoney Limited, into MMFL is now complete, and the company being MMFL, is in a better position to pursue its next phase of growth.
Beginning of an exciting chapter
The foundation laid through the merger has strengthened the board, discipline, financial management and robust governance structures, giving the board every reason to approach the future with confidence and with conviction.
Madam Bright was emphatic that they remain steadfast in their commitment to financial inclusion, innovation and the delivery of meaningful value to every single shareholder and stakeholder who has placed confidence in the company.
Consumer protection
In a market where digital fraud and cybersecurity remain concerns, MMFL has distinguished itself through initiatives like MoMoTrust and the widely publicised “Shine Your Eye” campaign, educating users on digital safety and fraud prevention.
These campaigns have strengthened consumer confidence, reduced vulnerability to scams, and reinforced trust in mobile financial platforms.
Contribution to Ghana’s economy
For many observers, MMFL’s recognition as Fintech Solutions Provider of the Year 2026 is not just a corporate achievement but a reflection of Ghana’s fintech transformation.
With 19.3 million active users, 8.4 billion transactions, and GH¢4.1 trillion in annual transaction value, mobile money has become a central pillar of the economy, enabling financial inclusion and driving growth across urban and rural communities alike.
