Telecom

MVola Opens Up to All in Madagascar

MVola Opens Up to All in Madagascar
Friday, 26 April 2024 16:35

MVola, 1st first FinTech in Madagascar and part of the responsible pan-African AXIAN group, is expanding its accessibility to all Malagasy with the launch of MVola Fô! This new offering allows every citizen to open an account through the Super App MVola, regardless of their phone number. To do this, simply download the Super App MVola from an Android or iOS smartphone. From there, MVola guarantees a process that is always simple, immediate, and secure.

This represents a major advancement in financial and digital inclusion, thereby facilitating access to all MVola financial services, such as deposits and withdrawals at all sales points across the country, money transfers, and purchasing mobile credit for others. Moreover, it is possible to top up your MVola account with a bank card and even receive funds from abroad.

45896MVOLA

Since 2010, MVola has been committed to promoting financial inclusion in Madagascar and offering every Malagasy the same opportunities for success as the rest of the world, through services that are both internationally compliant and affordable. MVola Fô! embodies this commitment to beat in unison with the country.

Louis-Olivier Favot, CEO of MVola, stated: "Launching MVola Fô! means responding directly to the expectations of the Malagasy people. Our ambition, since our inception in 2010, has always been to make financial services as inclusive as possible. We firmly believe that every Malagasy, wherever they are and whatever their means, deserves access to quality, state-of-the-art financial services. MVola Fô! embodies this vision by offering simplified, universal access to all our services. We are proud to be at the heart of the Malagasy people's daily lives and to contribute to Madagascar's development."

145896MVOLA

On the same topic
The NICTBB backbone already covers 78% of Tanzania and receives 73 billion TZS (≈ USD 30 million) for its next expansion phase. Tanzania is...
Mauritania and the United States initiated talks in Nouakchott to strengthen cooperation in digital infrastructure, e-commerce and...
Uses small language models suited for low-data, low-connectivity settings Aims to localize AI for East Africa and close language access gap...
5G to support smart services as data demand and usage rise High deployment costs pose challenge to nationwide 5G rollout Airtel Malawi began...
Most Read
01

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
02

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
03

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
04

Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...

Africa’s Real-Time Payments Acceleration Signals a New Era of Competition and Integration
05

After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...

WhatsApp to Launch Usernames in 2026, Changing How Customers Reach Businesses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.