MTN has announced that its group revenue increased by 12.9% for the three months ended September 2024, driven by a 21.3% rise in data revenue and a 28.9% surge in fintech revenue. Fintech transaction volumes grew by 17.4% to 14.9 billion, while transaction value rose by 27.1% to $229.2 billion. Advanced fintech services revenue expanded significantly, up 53.1%. MTN’s fintech EBITDA margin also improved, reaching the upper range of its mid- to high-30% target, reflecting robust demand and strong operational performance.
