Y'ello Digital Financial Services
MTN Nigeria's financial services subsidiary driving mobile money through MoMo Payment Service Bank.
What it does
Y'ello Digital Financial Services (YDFS) is the fintech subsidiary of MTN Nigeria. YDFS operates MoMo Payment Service Bank (MoMo PSB), offering digital wallets, merchant cash-in/cash-out, and agent banking across Nigeria's rural and urban centers.
Mobile moneyDigital wallets / e-walletsAgency banking
Known for
- Operator of MoMo PSB in Nigeria
- Subsidiary of MTN Nigeria
Model & industry
Marketplace / Aggregator modelAll / Cross-industry
Funding history
$120K
Total raised
1
Rounds
Accelerator
Latest stage
2023
Latest year
Products & subsidiaries
MoMo PSB Wallet · Mobile Money App
Investors
MTN Nigeria