Kigali,
Rwanda - Mobile Money Rwanda Ltd (MoMo Rwanda Ltd) has
kicked off the year with the launch of a new campaign dubbed “Biva MoMoTima”.
The three-month-long campaign consists of several exciting initiatives for MoMo
customers and partners, celebrating the role Mobile Money plays in sharing
love.
Since its inception in
2020, Mobile Money has evolved in the financial technology space in Rwanda and
has transitioned from operating solely as a monetary sending and receiving channel
to offering a myriad of digital financial solutions.
Setting the “Biva
MoMoTima” campaign in motion, according to a statement available to Techreview Africa, MoMo Rwanda Ltd is spreading love through a total
donation of Twenty-Five Million Rwandan francs that will go towards supporting
community projects in all five Provinces in Rwanda, with a special focus on
children affected by stunting.
As the first of many “from
the heart” initiatives to come, MoMo Rwanda Ltd is spreading the love through
this campaign to the most vulnerable.
Speaking at the launch of
the “Biva MoMoTima” campaign at Mobile Money Rwanda Ltd Offices, the Chief
Executive Officer of Mobile Money Rwanda, Chantal Kagame note the important
role Mobile Money plays in the lives of customers assisting them to stay always
connected with their love ones
“In the busyness of
everyday life, our customers have found unique ways to stay connected to their loved
ones. We are pleased to see the role Mobile Money plays in maintaining
connections during birthdays, weddings, among other special occasions o,r
simply on regular days, whether through sending surprise gifts through MoMo or
paying utility bills on *182# for someone else who is facing challenging times,”
she said.
According to her transactions
such as these, show that MoMo is more than just a digital financial platform,
but represents heartfelt gestures. “That’s why during this campaign, we want to
share the love with those who need it most,” she added.
Over
the years, Mobile Money Rwanda Ltd has introduced essential services and
products such as payments (MoMoPay, Bill & Utility Payment, Taxes, Insurance,
Transport, Bulk Payments), Bank services (push/pull, Mokash), local and
international transfers, Open API to the public that made Rwandan lives a whole
lot easier. This is reflected in the continuous exponential growth of MoMo
services adoption on a year-on-year basis countrywide.
“While
we are proud of the solid performance of Mobile Money, we are truly excited
that this campaign brings to life the heart of Mobile Money. We are here to
brighten up lives and contribute to the sustainable growth of this country,” emphasized
Kagame.
Mobile
Money Rwanda Ltd is MTN Rwanda’s FinTech subsidiary, established on 27th April
2021 to provide and manage Mobile Money services in Rwanda. The company has
over 30,000 Mobile Money agents and 60,000 MoMoPay merchants across the
country.
The
penetration of Mobile Money has seen a continuous rise with the enhancement of
existing offerings such as MoMoPay, MTN m-Ticketing as a digital user-friendly
ticketing solution, Tap&Go payments for bus services, Bill Payments, Bulk
Payments, Electricity purchase, Payment of Government services, Bank Push &
Pull, MoKash Loans & Savings, and more.