LATRO and MTN Group Fintech Announce Landmark Multi-Year Platform Agreement to Power Fintech Revenue Assurance Operations Across 14 Markets 

Johannesburg (release time) – LATRO, a global leader in Telecommunications and Fintech solutions, today announced it has signed a group-level, multi-year agreement with MTN Group Fintech to deploy its comprehensive Assure Fintech solution across 14 Fintech markets in Africa. This strategic partnership represents a significant milestone in MTN Group’s ambition to enhance its Fintech operations with a dedicated and  purpose-built Revenue Assurance platform. 

The decision to implement a specialised Revenue Assurance System responds directly to the projected exponential growth of the mobile money and broader Fintech markets. According to a recent report by ResearchandMarkets.com, the global mobile money market is projected to grow at a Compound Annual Growth Rate (CAGR) of 27.5% between 2024 and 2030, expanding in value from an estimated $14.1 billion in 2024 to over $60 billion by 2030. Africa remains at the forefront of this growth, with the market projected to rise from $804.9 million in 2024 to $3.93 billion by 2033, reflecting a CAGR of 18.31%. 

As the ecosystem of connecting customers, multi-vendor platforms, and banking systems grows increasingly complex, MTN Group Fintech recognised the strategic need for a flexible, robust, and future-proof Revenue Assurance solution to support the acceleration of its digital and financial inclusion objectives. 

LATRO’s Assure Fintech solution is designed precisely for these evolving market conditions. The modular and customisable platform empowers Fintech’s to optimise Revenue Assurance operations from the ground up, offering a more agile and scalable approach.  

“We are incredibly proud to have this opportunity to collaborate with MTN Group Fintech, a true leader and visionary in the African Telecommunications and Fintech landscape.” Said the LATRO CEO, Don Reinhart. “This multi-year agreement is a testament to our shared belief in the power of a dedicated, collaborative approach to solving complex market challenges. We look forward to a long and successful partnership in supporting MTN Group Fintech’s strategic growth.” 

At the core of LATRO’s Assure Fintech platform is a modular architecture that combines the efficiencies of scalability with the flexibility to tailor data processing, business rules, and deliverables to individual markets. Its suite of four advanced engines includes: 

• Reconciliation Engine: Ensures consistency and accuracy across multiple sources by identifying and resolving discrepancies. 

• Re-Rating Engine: Recalculates charges to ensure billing, fees, and rates are correct and complete. 

• Rule Engine: A user-friendly interface to create and manage logical, query-driven controls. 

• Analytics Engine: AI/ML-driven capabilities covering churn prediction, customer segmentation, and anomaly detection. 

By deploying these advanced capabilities, MTN Group Fintech will reduce financial  leakage risks,  improve operational efficiency, and reinforce the security and reliability of its services. 

About LATRO 

LATRO is a global technology company specialising in innovative solutions for telecommunications and Fintech industries. With expertise in revenue assurance, fraud management, and business intelligence, LATRO helps partners optimise operations, navigate complex ecosystems, and achieve sustainable growth. 

About MTN Group Fintech 

MTN Group Fintech is the financial technology division of MTN Group, Africa's largest mobile network operator. Through its flagship platform, MoMo (Mobile Money), MTN Fintech provides a wide range of financial services including payments, remittances, savings, insurance, and lending to over 60 million active users across 14 African markets. MTN Fintech is committed to driving financial inclusion and empowering individuals and businesses through digital financial solutions. 

The MTN Group’s strategic decision is a blueprint for the industry. The exponential growth of Mobile Money demands a dedicated, purpose-built platform. If your Mobile Money operations are still running on a legacy Revenue Assurance and Fraud Management (RAFM) system designed for voice and data, you are facing critical risks: 

• Inadequate Fraud Detection: Legacy systems lack the transactional depth and agility to combat complex Mobile Money fraud. 

• Revenue Leakage: They struggle to accurately reconcile complex, evolving commission, fee, and revenue-sharing models. 
• Lack of Scalability: Repurposed systems cannot efficiently keep pace with the massive transaction volumes and new service launches inherent in Fintech growth. 
  

Assure Fintech is the comprehensive, modular platform built from the ground up for the Mobile Money ecosystem. Like MTN, you can gain a competitive edge by implementing a solution that provides: 

• Strategic Separation: Move to a dedicated platform to ensure operational independence and agility. 

• Future-Proof Modularity: Scale seamlessly with your growth using our specialized Reconciliation, Re-Rating, Rule, and Analytics Engines. 

• Total Control: Leverage a GUI-friendly Rule Engine and advanced analytics (AI/ML) to place control directly in the hands of your team.