Digital Finance in Focus: MobileMoney LTD Forum Sets Agenda for Ethical Innovation and Financial Inclusion
MobileMoney Limited (MML), a subsidiary of MTN Ghana, has reaffirmed its commitment to driving a transparent, responsible, and inclusive digital finance ecosystem through its 2025 Fintech Stakeholder Forum held in Accra. The high-profile event brought together more than 200 leaders and experts from the financial, regulatory, and technology sectors to discuss how Ghana can harness fintech’s vast potential while safeguarding trust, innovation, and consumer protection.
Held under the theme “Harnessing Ghana’s Fintech Potential: Regulatory Frameworks for Digital Credit and Digital Assets,” the forum created a unique platform for dialogue between regulators, innovators, and policymakers on how to align technology with sustainable national development.
In his opening remarks, Mr. Shaibu Haruna, Chief Executive Officer of MobileMoney Limited, underscored the forum’s strategic importance in shaping the future of digital financing in Ghana. “This gathering is not just about dialogue, but more importantly, about partnership and shared commitment to shaping the future of digital financing in Ghana, and perhaps across Africa,” he said.
Mr. Haruna emphasized that the fintech economy is rapidly evolving, and there is an urgent need for regulatory and industry collaboration to ensure that innovation continues to serve people, empower small businesses, and deepen financial inclusion. He added that technology-driven finance must always uphold the dignity of society, prioritizing ethical practices and long-term socioeconomic impact over short-term gains.
Delivering the keynote address, Mrs. Matilda Asante-Asiedu, Second Deputy Governor of the Bank of Ghana (BoG), described digital finance as “the new infrastructure for opportunity” across Africa. She revealed that digital credit users in Ghana currently range between two and five million, with cryptocurrency adoption steadily rising — an indication of the sector’s dynamism and the timeliness of the forum’s theme.
According to Mrs. Asante-Asiedu, the Bank of Ghana is focused on defining “the new rules of trust” to ensure a balance between innovation, financial integrity, and consumer protection. “We are not here merely to discuss innovation; we are here to define the new rules of trust,” she asserted.
She reaffirmed the central bank’s commitment to promoting responsible innovation through policies that advance financial inclusion while maintaining economic stability. The Deputy Governor also provided key regulatory updates, announcing that the Digital Credit Directive — which enforces transparency, fair disclosure, and ethical lending practices — officially took effect last month.
Mrs. Asante-Asiedu further disclosed that the Virtual Asset Service Providers (VASP) Bill is in its final drafting stage, with the Bank of Ghana set to begin accepting applications for digital credit licenses from November 3, 2025. She cautioned that while the private sector should continue to innovate boldly, it must do so with integrity, revealing that a recent enforcement exercise by the Bank uncovered over 400 unlicensed digital lending operators, a clear signal of the need for stronger regulatory oversight and ethical compliance.
The event also featured insightful presentations from thought leaders including Mr. Selorm Branttie of IMANI Africa and Professor Peter Quartey of the Institute of Statistical, Social and Economic Research (ISSER). They shared evidence-based perspectives on how effective policy frameworks can bridge innovation and financial inclusion, while addressing emerging risks associated with digital credit and virtual assets.
A high-level panel discussion followed, featuring Mrs. Clara Arthur, Chief Executive Officer of GhIPSS; Ms. Ethel Cofie, Chief Executive Officer of Edel Technologies; and Mrs. Sylvia Otuo Acheampong, Chief Products and Services Officer of MobileMoney Limited. The panel explored issues around digital asset governance, consumer protection, innovation ethics, and the importance of collaborative partnerships between regulators and the private sector.
Closing the forum, MobileMoney Limited expressed deep appreciation to all partners and stakeholders who contributed to the dialogue. The company reaffirmed its belief that the insights shared would serve as a blueprint for the next phase of fintech regulation and innovation in Ghana.
MML further pledged to continue working hand-in-hand with regulators, industry players, and innovators to ensure that digital financial services remain safe, ethical, and inclusive, ultimately transforming the lives of millions of Ghanaians.
The 2025 Fintech Stakeholder Forum thus marked a major milestone in Ghana’s financial technology evolution — setting a new agenda for ethical innovation, strengthened trust, and sustainable financial inclusion in the digital era.
Source: MTN Ghana
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