Bringing Competitors Together for Financial Inclusion

  • Date Posted: November 22, 2013
  • Organizations: FHI 360
  • Document Types: Case Study or Vignette
  • Donor Type: Non-US Government Agency

In the competitive markets of banking and mobile communication, a remarkable collaboration is helping deliver the promise of mobile money to Malawi with assistance from FHI 360’s Mobile Money Accelerator Program (MMAP). Formed in December 2011, the Mobile Money Coordinating Group (MMCG) brings together mobile network operators, financial institutions, government regulators, and international donors with the common goal of increasing the uptake and usage of mobile financial services in Malawi.