MTN Rwanda’s MoMo App Boasts 5.8 Million Subscribers, Driven by 30% Revenue Surge

MTN Rwanda’s financial arm, MoMo Rwanda, has witnessed significant growth in the past nine months. The company reports a 30.2% year-on-year revenue surge, reaching Rwf 109.4 billion from January to September 2025, according to its recent financial results. Active MoMo subscribers increased by 12.2%, reaching 5.8 million users between January and September 2025, driven by a growing merchant network that reached over 578,000 during the same period.