Airtel Mobile Commerce Nigeria Limited
Mobile money services, digital wallets, and financial inclusion agent networks
What it does
Airtel Mobile Commerce Nigeria Limited was incorporated to manage the mobile money, financial services, and agent banking operations of Airtel Africa in Nigeria (SmartCash PSB). The subsidiary delivers mobile money wallets, remittance options, bill payments, and cash-in/cash-out retail services. It is recognized for driving financial inclusion using telecom distribution channels.
Mobile moneyDigital wallets / e-walletsAgency banking
Known for
- SmartCash PSB mobile money platform
- Telecom-driven agent banking network
- Last-mile financial inclusion solutions
- Mobile wallet money transfers
Model & industry
Marketplace / Aggregator modelAll / Cross-industry
Funding history
$300.0M
Total raised
2
Rounds
PIPE
Latest stage
2021
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2021-04 | Secondary | $100.0M | Mastercard |
| 2021-03 | PIPE | $200.0M | TPG Rise Fund |
Source: Condia Funding Tracker
Products & subsidiaries
Airtel Money · Mobile Wallet & Payment App