MobileMoney Fintech Ltd (MMFL) has assured customers that its recent structural separation from Scancom PLC will help strengthen customer security, accelerate innovation, and improve service delivery across Ghana’s digital financial services sector.
The company said the transition gives it greater independence, stronger governance, and a sharper focus on customer needs as it continues to expand its role in Ghana’s fast-growing fintech industry.
MMFL’s structural separation from Scancom PLC officially took effect on March 31, 2026. The move established MobileMoney Fintech Ltd as an independent fintech company with its own governance structures and shareholder engagement framework.
According to the company, the separation supports its long-term strategy to deepen financial inclusion, drive digital innovation, and create sustainable value for customers, shareholders, and the wider economy.
A New Phase for MobileMoney Fintech
The company made the announcement following its Extraordinary General Meeting held in Accra. During the meeting, shareholders approved key resolutions needed to support MMFL’s continued operations as a standalone fintech business.
These resolutions included the transition of directors into the new company structure, the appointment of auditors, and dividend-related decisions.
Victoria Bright, Chairperson of MMFL, described the completion of the separation as an important milestone in the company’s development. She said the new structure gives MMFL more agility and operational focus while creating room for stronger governance and improved efficiency.
The separation is also expected to help the company accelerate initiatives that deliver greater value to customers and support long-term growth.
Customer Security Takes Priority
Customer security remains one of the central priorities for MobileMoney Fintech Ltd as it begins this new chapter.
MMFL Chief Executive Officer Shaibu Haruna said the company’s independence will allow it to invest more directly in innovation, security, customer experience, and service excellence.
He said the new structure puts MMFL in a stronger position to respond faster to changing customer expectations and emerging opportunities in Ghana’s digital financial services market.
For users of mobile money and digital financial platforms, this could mean improved security systems, faster product development, better customer support, and more reliable digital payment solutions.
Strong Revenue Growth Supports Future Investment
MobileMoney Fintech Ltd also reported strong financial performance for the first quarter of 2026.
According to the company, MMFL generated about GH¢1.7 billion in revenue during the period, representing a 28.4 percent year-on-year increase.
The company said this performance provides a strong foundation for continued investment in customer-focused innovation, digital infrastructure, and security.
The growth also highlights the rising importance of mobile money and fintech services in Ghana’s economy, where digital payments continue to support financial inclusion and everyday transactions.
Shareholders Approve Quarterly Dividend Payments
As part of the company’s new governance framework, shareholders approved the appointment of Ernst & Young as MMFL’s first auditors.
They also endorsed a shift from semi-annual dividend payments to quarterly dividend payments. This change is expected to provide shareholders with more regular returns while reflecting the company’s confidence in its financial performance and growth outlook.
What This Means for Ghana’s Fintech Sector
The separation of MobileMoney Fintech Ltd from Scancom PLC marks a significant development in Ghana’s fintech landscape.
As a dedicated fintech company, MMFL is expected to focus more closely on digital payments, mobile money services, financial inclusion, and customer protection. The company’s stronger operational independence may also help it respond more quickly to market trends and regulatory expectations.
Ghana’s mobile money sector has become a major part of the country’s financial ecosystem, supporting millions of customers, merchants, and businesses. With MMFL now operating as an independent entity, the company says it is better positioned to develop secure and innovative financial solutions for Ghanaians.
Conclusion
MobileMoney Fintech Ltd says its separation from Scancom PLC will strengthen its ability to deliver secure, innovative, and customer-focused digital financial services.
With improved governance, strong first-quarter revenue growth, and a renewed focus on customer security, MMFL is positioning itself as a leading fintech company in Ghana and across Africa.
The company’s next phase will likely center on digital infrastructure, stronger security systems, financial inclusion, and improved mobile money services for customers.