Mobile Finance

Ericsson and MTN continue MTN MoMo transition

Ericsson and MTN continue MTN MoMo transition

Tech giant Ericsson and MTN Group Fintech, which operates African digital financial platform MoMo (Mobile Money), say they have completed what they call the Mobile Money (MoMo) Evolved Migration across key African markets, with more markets on the way.

Built on the Ericsson Fintech Platform, these projects will transition MTN MoMo from a legacy virtualised environment to a standardised cloud-native architecture. This will improve platform performance and operational efficiency while providing a scalable foundation to support MTN Group’s Ambition 2030 strategy, a strategic roadmap aimed at driving Africa's digital transformation, and the expansion of digital financial services across Africa.

The migration already includes Eswatini, Ghana, Rwanda and Uganda. The next stages of the process will start with an ongoing project in Cameroon as well as active discussions to bring Benin, Republic of the Congo and Zambia onto the same transformation path. 

Ericsson and MTN explain that as demand for digital financial services continues to grow across Africa, mobile money platforms require resilient, scalable infrastructure that can support increasing transaction volumes while maintaining service availability.

Following the migration to cloud-native architecture, they add, MTN has experienced reduced CPU processing overhead and database load of up to 86%. The deployment establishes a high-availability platform that enables MTN MoMo to scale future growth while supporting a consistent experience for consumers, merchants and ecosystem partners.

The partners point out that the upgraded platform simplifies operations and strengthens performance. By reducing infrastructure overhead and improving API responsiveness, it enables faster integration for developers, merchants, and ecosystem partners. This establishes the scalable foundation required to expand digital financial services in line with Ambition 2030.

To date, they say, the deployment has delivered measurable improvements across migrated markets, including reduced application and database resource utilisation and faster API response times of up to 80%. 

Artemij Demidczyk, Acting Chief Technology and Information Officer at MTN Group Fintech, explains: "The MoMo Evolved Migration advances our vision of building Africa's leading digital financial platform. Through a cloud-native foundation, we are enhancing performance, strengthening resilience, and accelerating the delivery of innovative digital financial services for consumers, merchants and partners across our markets."



More Articles you may be Interested in...