Friday
September 9
2016

MTN Group and MMI Holdings Announce Launch of Micro Insurance Joint Venture

MTN Group and South African based financial services group, MMI Holdings on Wednesday announced the launch of a micro insurance joint venture, branded aYo which will provide a strong basis to compete in a changing mobile financial services industry.

 aYo will be able to improve the low insurance penetration in many African countries, offering relevant, accessible and easy to use insurance solutions to consumers by utilizing the resources that MMI Holdings and MTN provide.

Source: PC Tech Magazine (link opens in a new window)

Categories
Technology
Tags
financial services, fintech, microinsurance, mobile money