Company Information

Get to know MoMo Congo

MTN MoMo (Mobile Money) Congo is the electronic payment service of the telecommunications operator MTN Congo S.A., a subsidiary of the global MTN Group. Launched to drive financial inclusion, MoMo provides a secure and accessible platform for the unbanked and underbanked population in the Republic of the Congo. The service allows users to send and receive money, pay bills, purchase airtime, pay for goods and services at merchant locations, and access other digital financial services. It transforms the user's mobile phone into a digital wallet, leveraging MTN's extensive mobile network to make financial services available to a broad customer base.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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MoMo Congo

Congo

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.