HomeInnovationAirtel Money processes $245bn as Nigeria tops mobile money growth

Airtel Money processes $245bn as Nigeria tops mobile money growth

Airtel Africa’s mobile money platform processed more than $245 billion in annualised transaction value (TPV) during the first quarter of its 2027 financial year, underscoring the rapid expansion of digital payments across Africa and highlighting Nigeria as one of the company’s fastest-growing mobile money markets.

The results reinforce the growing convergence between telecommunications and financial services as mobile network operators increasingly position themselves at the centre of Africa’s digital economy, using their extensive customer networks to expand financial inclusion, digital commerce and cashless payments.

According to Airtel Africa’s trading update for the quarter ended June 30, 2026, Airtel Money recorded strong growth across virtually every major performance indicator, including customers, transaction volumes, revenue and user engagement.

The mobile money business processed more than $245 billion in annualised transaction value, representing a 51.5% increase in reported currency and 34.0% growth in constant currency, demonstrating continued expansion of digital financial transactions across

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