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Home » MobileMoney Ltd fintech forum outlines future direction for digital credit and asset regulation
Regulatory Updates

MobileMoney Ltd fintech forum outlines future direction for digital credit and asset regulation

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MobileMoney Limited Hosts Successful Fintech Stakeholder Forum 2025

MobileMoney Limited (MML) recently held the Fintech Stakeholder Forum 2025 in Accra, gathering over 200 influential figures from the financial, regulatory, and technology sectors. The event aimed to discuss the rapidly evolving fintech landscape and carve out a sustainable future for digital finance in Ghana.

Exploring Ghana’s Fintech Potential

Under the theme “Harnessing Ghana’s Fintech Potential: Regulatory Frameworks for Digital Credit and Digital Assets,” the forum delved into how policy, regulatory measures, and innovation can work in tandem to foster an inclusive and resilient digital financial ecosystem. The discussions highlighted the importance of collaboration among stakeholders to maximize the benefits of fintech advancements.

Setting the Stage for Collaboration

Shaibu Haruna, CEO of MobileMoney Limited, opened the forum by emphasizing its primary objective: to initiate a partnership and commitment towards shaping the future of digital finance in Ghana and potentially across Africa. “This gathering is not just about dialogue, but a shared commitment,” he stated, urging all participants to harness the potential of digital credit and assets to enhance financial inclusion and support small businesses.

Regulatory Insights from the Bank of Ghana

In her opening remarks, Matilda Asante-Ouest, Second Deputy Governor of the Bank of Ghana, focused on establishing “new rules of trust” to balance innovation with financial integrity and consumer protection. She pointed out that digital finance has emerged as a transformative force in Africa, with an estimated 2 to 5 million users of digital credit in Ghana. Her timely comments underscored the significance of the forum’s theme.

Commitment to Ethical Lending Practices

Asante-Ouest also highlighted the central bank’s ongoing efforts to safeguard financial stability while encouraging innovation. She revealed that the Digital Credit Directive, which enforces transparent disclosure and ethical lending practices, was implemented last month. Additionally, she announced the final drafting stage of the Virtual Asset Service Providers (VASP) Bill, with digital credit license applications set to commence on November 3, 2025.

Insights from Industry Experts

The forum also featured presentations from notable speakers such as Selorm Branttie of Imani Africa and Professor Peter Quartey from the Institute for Statistical, Social and Economic Research (ISSER). They offered critical policy and academic insights into the future of fintech in Ghana. Panelists included distinguished figures like Clara Arthur, CEO of GhIPSS, and Ethel Cofie, CEO of Edel Technologies, who brought diverse perspectives to the discussions.

A Vision for Future Innovation

MobileMoney Limited expressed optimism that the collaborative spirit fostered at the forum will guide the next steps in digital finance policymaking in Ghana. By forging partnerships and promoting ethical practices, stakeholders aim to ensure that innovation continues to positively impact the lives of Ghanaians and drive national development.

DISCLAIMER: The views, comments, and opinions expressed by readers and contributors do not necessarily represent the views or policies of Multimedia Group Limited.

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