West African CFA Franc

TMoney is Togo's leading mobile money service with a 61% market share, operated by Togocom (the state telecom). It provides P2P transfers, merchant payments, bill payments, and airtime top-up via USSD and app access.

Wave is a mobile-money provider focused on West Africa (Senegal, Côte d'Ivoire, Mali, Burkina Faso; also active in The Gambia and Uganda). It offers low-cost transfers, free deposits/withdrawals and bill payments via a smartphone app and agent network.

Gozem is a pan-African super app (ride-hailing, delivery, fintech) expanding its mobile money services into Benin following the acquisition of Moneex. It targets urban consumers with an integrated app experience combining transport, deliveries, and digital payments.

Flooz is the mobile money service of Moov Africa Togo, holding 39% of the market. It offers mobile financial services to Moov subscribers and has an active agent network across the country.

MTN MoMo is the leading mobile money service in Eswatini, offering P2P transfers, merchant payments, bill payments, airtime top-up, and savings products. It is the primary digital financial tool for the unbanked population and is widely used even by banked consumers for everyday payments. MTN Eswatini has the largest mobile subscriber base in the country.

Expresso Cash is a smaller mobile money service operated by Expresso Telecom, providing basic P2P transfers and bill payments to a niche customer base.

Djamo is a local Ivorian fintech neobank with approximately 200,000 customers, offering digital banking services including a Visa virtual card, savings, and P2P payments. Backed by Y Combinator, it targets the urban, smartphone-using segment.

Free Money is the mobile money offering from Free Senegal's telecom network, holding approximately 5–10% of the market. It competes on price and network coverage, particularly in urban areas.

Moov Money is the mobile financial service of Moov Africa's Burkinabè subsidiary, offering transfers, bill payments, and airtime top-up services. It competes with Orange Money, particularly in areas with Moov telecom coverage.

JumiaPay is the embedded wallet and checkout solution for the Jumia marketplace and bill payments across several African markets. Operator: Jumia Technologies AG. Est. users: ~5.4M Jumia active customers (2024).

EcobankPay (via the Ecobank Mobile app) offers QR-based scan-to-pay and account payments across 33 African countries. Operator: Ecobank Transnational Inc. Est. users: 4M+ app users (multi-country).

Attijariwafa Bank is Morocco's largest bank and one of Africa's top banking groups, with operations across Africa and Europe.

Société Générale Côte d'Ivoire is one of the country's largest banks, offering retail, SME, and corporate banking.

CBAO is Senegal's largest bank, part of the Attijariwafa Group, offering retail and corporate banking.

Aggregate of remaining banks in Côte d'Ivoire, collectively ~85.0% of domestic banking assets.

Aggregate of remaining banks in Senegal, collectively ~75.0% of domestic banking assets.

Aggregate of remaining banks in Mali, collectively ~100.0% of domestic banking assets.

Aggregate of remaining banks in Burkina Faso, collectively ~100.0% of domestic banking assets.

Aggregate of remaining banks in Niger, collectively ~100.0% of domestic banking assets.

Aggregate of remaining banks in Guinea-Bissau, collectively ~100.0% of domestic banking assets.

Aggregate of remaining banks in Togo, collectively ~100.0% of domestic banking assets.

Aggregate of remaining banks in Benin, collectively ~100.0% of domestic banking assets.