Paysky and MTN advance MoMo Marketplace at 2025 Fintech Summit
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Paysky and MTN advance MoMo Marketplace at 2025 Fintech Summit

Partnership showcases payments tech, plans expansion across 21 MTN markets in Africa

9/15/2025
•Ali Abounasr El Alaoui
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Johannesburg hosted the inaugural MTN Fintech Summit 2025, a milestone event for Africa’s digital financial ecosystem. The summit, themed “Take Off Fintech Summit,” brought together global leaders, regulators, and innovators to chart the continent’s fintech future. Among the prominent participants was Paysky, which presented its cutting-edge payment and financial infrastructure solutions.


Paysky’s Role in the Summit

Paysky’s participation underscored its growing influence as a fintech enabler across the Middle East and Africa. The company demonstrated solutions designed to democratize financial services and expand digital access across underserved communities. Its presence aligned with the summit’s mission to explore the next phase of financial inclusion in Africa.

Strengthening Collaboration with MTN

A highlight of the summit was the reinforcement of the strategic partnership between Paysky and MTN Group. MTN, Africa’s largest telecom operator, has integrated Paysky’s infrastructure to power MoMo from MTN Marketplace, which is now live in three countries. Plans are underway to scale the service across all 21 MTN markets, linking millions of merchants and consumers in a unified ecosystem.

Leadership Perspective

Waleed Sadek, Founder and CEO of Paysky, emphasized the importance of collaboration in accelerating financial inclusion. He described the company’s solutions as tools to drive democratized access while fostering economic growth across Africa. Sadek added that the partnership with MTN is only the beginning of a shared journey to build the future of digital finance.

MTN’s Regional Influence

MTN Group, headquartered in Johannesburg, continues to play a central role in advancing financial services across the continent. The company serves nearly 300 million subscribers in 21 countries and operates MoMo, one of Africa’s largest mobile money platforms. With more than 60 million active users, MoMo provides payments, lending, savings, and marketplace services tailored to underserved communities.

Paysky’s Expanding Reach

Paysky currently operates in 18 markets and maintains relationships with 10 central banks, providing advanced solutions for payment systems and merchant ecosystems. Its offerings include national payment infrastructure, super app development, and tools to accelerate digital transformation. Through such solutions, Paysky has positioned itself as a key partner in shaping Africa’s digital economy.

Future Announcements

The summit also hinted at further developments in the collaboration between Paysky and MTN. A joint announcement is expected soon, with both companies signaling plans to introduce new innovations in digital finance. This anticipated milestone could significantly advance the availability and adoption of fintech services across the continent.


The MTN Fintech Summit 2025 marked an important platform for demonstrating the potential of partnerships in transforming Africa’s financial landscape. Paysky’s showcase, alongside MTN’s established market leadership, highlighted how joint efforts can unlock new opportunities for inclusion and innovation. As both companies prepare for their next announcement, Africa’s digital finance sector stands on the brink of a new era of growth and accessibility.