CEO of MoMo Calls for Balanced Regulation
Ghana's financial technology industry has reached a critical point where regulation must adapt to innovation, according to Shaibu Haruna, CEO of MobileMoney Ltd.
Speaking at the 2025 Fintech Stakeholder Forum, Mr. Haruna emphasized the need for balance between innovation and financial integrity to ensure economic growth and consumer protection.
Regulation must evolve in tandem with innovation to ensure that new digital financial products foster economic growth while safeguarding consumers.
- Mobile money and digital credit platforms have increased access to finance.
- Many Ghanaians remain hesitant due to fears of fraud, data breaches, and misuse of personal information.
Author's summary: MoMo's CEO urges balanced regulation for digital finance growth.
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