Shareholders of Mobile Money Fintech Limited, the company behind MTN Mobile Money services in Ghana, have approved a GH¢0.03 per share dividend for the first quarter of 2026, marking another important step in the company’s transition into a more structured fintech business with stronger governance, clearer shareholder returns, and a renewed focus on digital security.

The approval was given at an Extraordinary General Meeting held in Accra, where shareholders endorsed a number of corporate and governance resolutions aimed at supporting the company’s long-term growth.

Mobile Money Fintech Limited, formerly operating as Mobile Money Limited, is now positioning itself as a major fintech institution within Ghana’s fast-growing digital financial services sector. The company currently serves more than 17 million registered subscribers, making it one of the most important players in Ghana’s mobile payments ecosystem.

Speaking after the meeting, the Board Chair of Mobile Money Fintech Limited, Victoria Bright, said the EGM was necessary to secure important shareholder approvals following the company’s transition.

According to her, shareholders approved the transition of directors from Mobile Money Limited into Mobile Money Fintech Limited. They also ratified the appointment of Ernst & Young as the company’s external auditors.

The meeting further authorized the board to determine the remuneration of the external auditors for the 2026 financial year.

One of the major highlights of the meeting was the approval of the first-quarter dividend of GH¢0.03 per share. Mrs. Bright explained that shareholders would benefit not only from the dividend declared by Mobile Money Fintech Limited, but also from a similar dividend declared by MTN Ghana.

MTN Ghana had already declared a dividend of GH¢0.03 per share. This means shareholders are expected to receive a combined GH¢0.06 per share from both MTN Ghana and Mobile Money Fintech Limited for the first quarter alone.

For investors, this is significant because it shows that the mobile money business is becoming a more direct contributor to shareholder value. The move also points to a more frequent reward structure, as the company has shifted from semi-annual dividend payments to quarterly dividend payments.

Chief Executive Officer of Mobile Money Fintech Limited, Shaibu Haruna, said the approved dividend reflects the company’s performance in the first quarter of 2026.

He noted that the company remains focused on strengthening its services, investing in innovation, and improving customer experience across the digital payments ecosystem.

“Our service is going to continue to be strong in terms of the innovation that we bring into the ecosystem,” he said.

Beyond dividends and growth, the company also used the meeting to highlight the rising challenge of digital fraud in Ghana’s financial technology space.

Mr. Haruna said Mobile Money Fintech Limited is working with partners and other industry players to combat fraud, describing the issue as one the company takes very seriously.

He referenced the company’s recently launched white paper titled “Uniting Against Digital Fraud: Strengthening Ecosystem Collaboration in Ghana’s Digital Financial Services Sector,” saying it demonstrates MMFL’s commitment to working with stakeholders to protect customers and strengthen trust in the sector.

This focus on fraud prevention is important because digital financial services are expanding rapidly in Ghana. As mobile money transactions grow, customer protection, cybersecurity, governance, and industry collaboration are becoming critical to sustaining confidence in the ecosystem.

For investors, the key takeaway is that Mobile Money Fintech Limited is not only paying dividends, but also building the structures needed to support long-term growth. The quarterly dividend structure may make the business more attractive to income-focused investors, while its large subscriber base of over 17 million users gives it a strong platform for future expansion.

At the same time, the company’s emphasis on fraud prevention matters because trust is one of the most important assets in digital finance. If MMFL can continue to grow its user base, improve innovation, protect customers, and maintain strong governance, it could remain a major value driver within the MTN Ghana ecosystem.

The approvals from the EGM therefore go beyond routine corporate decisions. They signal a maturing fintech business that is becoming more accountable to shareholders, more intentional about governance, and more focused on balancing growth with customer protection.