The tripartite partnership brings together the capital of a leading Ghanaian bank, the reach of a trusted mobile money platform, and the innovation of a global fintech enabler to deliver impactful digital financial solutions to Ghanaians, particularly those historically excluded from formal credit systems.

Available exclusively to MoMo from MTN customers, the  BoseaLoan is a short-term loan product that provides quick access to credit through mobile phones, allowing customers to borrow based on their financial activity and eligibility. Funded by Fidelity Bank Ghana, it is delivered through a collaboration with MobileMoney LTD, which serves as the distribution channel, and JUMO, whose AI-driven banking technology enables seamless credit scoring, disbursement, and repayment processes.

The  BoseaLoan is designed to support micro and small businesses, traders, and everyday consumers who often find themselves underserved by traditional financial systems due to stringent collateral requirements or limited financial histories.

Julian Opuni, Managing Director of Fidelity Bank Ghana, emphasized the transformative potential of the newly introduced  BoseaLoan product, as part of the bank's long-standing commitment to inclusive finance.

‘As the largest privately owned Ghanaian bank, the introduction of BoseaLoan reflects a broader vision of economic empowerment through inclusive finance – a commitment we have historically championed. It not only simplifies access to formal credit but also lowers barriers to entry for underserved communities, particularly women, youth, and micro-entrepreneurs — by delivering loans directly via mobile devices in real-time.’ Mr. Opuni further elaborated on the bank's ambition, noting, "After a decade of pioneering financial inclusion in Ghana, we aim to empower millions more, fostering economic growth and stability across the nation."

From the mobile finance perspective, Shaibu Haruna, Chief Executive Officer of MobileMoney LTD, highlighted the strategic significance of the partnership. ‘The launch of BoseaLoan is a key step towards making MoMo from MTN the leading digital platform for inclusive financial and digital solutions across Africa. This collaboration goes beyond expanding access to credit, it represents our commitment to building an inclusive financial ecosystem that supports economic empowerment and sustainable growth.”

He further added that customers can access the service by dialing *170#, selecting financial services, then loan services, and choosing BoseaLoan. A process designed for ease, speed, and accessibility.

Bradwin Roper, JUMO Chief: Payments Partnerships added, ‘Our technology radically lowers the cost of delivering and managing financial services, which enables banks and mobile money operators to provide high-value, low-cost products to customers who have been excluded from financial opportunities for too long. It is an honour to partner with Fidelity Bank and MoMo from MTN on this mission. Together, we are creating smarter ways to deliver credit at scale. BoseaLoan is built on deep data science, customer understanding, and a shared ambition to build resilience and economic opportunity from the ground up.’

This tripartite partnership is a proof point of how private sector collaboration, backed by innovation, can accelerate sustainable financial access and bridge long-standing gaps in economic opportunity. With Fidelity Bank providing the capital, MobileMoney LTD delivering the reach, and JUMO powering the infrastructure,  BoseaLoan is poised to transform the financial lives of millions of Ghanaians.