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 expanded alliance includes mobile money, fiber infrastructure, and roaming services. Ethio Telecom’s Telebirr platform processed $15.95...
Ghana lost 19 million cedis ($1.8 million) to cybercrime in the first nine months of 2025, a 17% increase from 2024. Online fraud accounts for 36% of...
Benin’s École des Métiers du Numérique (EMN) will award 280 full scholarships under the OIF-backed D-CLIC program for digital and telecom skills. The...
Internet subscriptions in Tanzania rose to 56.3 million by September 2025, pushing internet penetration to 82.6% and driven largely by 4G and emerging...

Most Read
01

• The five-year plan allocates 388 billion pulas to boost growth and jobs.• Focus areas include tran...

Botswana unveils $27bn plan to accelerate economic diversification
02

• Parliament approves Virtual Asset Service Providers Bill 2025 to regulate digital assets• Central ...

Kenya passes landmark law to regulate booming cryptocurrency market
03

Indorama to invest $210M in Senegal phosphate sector upgrade ICS to expand fertilizer, acid ...

Indorama, Petrochemicals Major, to Invest $210 Million in Senegal Fertilizer Plant
04

• The Bank urges Nigeria to raise excise taxes on alcohol, tobacco, and sugary drinks.• Current rate...

World Bank backs higher public health taxes in Nigeria
05

Copper prices hit $10,775/t, their highest since May 2024, driven by a weak dollar and recent...

Copper Prices Extend Gains Close to Record Highs, Improving Prospects for Zambia and the DRC
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.