MoMo Ghana adds IC Liquidity Fund to its app in investment push
What's the deal? MobileMoney Fintech Limited has partnered with IC Asset Managers to launch the IC Liquidity Fund on the MoMo App. The service lets MoMo customers in Ghana access a regulated investment fund directly from their phones to save and manage their money.
Why now? The partnership builds on a relationship that began during MTN GhanaDealroom has a profile for this one. Try Dealroom →'s Initial Public Offering (IPO) in 2018, when MoMo helped customers buy MTN Ghana shares. The companies frame this launch as a continuation of that effort to bring investment products closer to everyday users.
What's the endgame? The fund is part of MoMo's strategy to move beyond payments into investment and wealth management. It joins other products in the MoMo ecosystem, including Flexi Pensions with People's Pensions Trust, Coronation SME Insurance, and Misika by Adehyeman Savings & Loans.
The signal: By folding a regulated fund into a widely used mobile wallet, MoMo is betting that lowering the barrier to investing will deepen participation in Ghana's financial markets. It reflects a broader push across African fintech to convert payment users into savers and investors.
Read more: techreviewafrica.com
