Ghana's financial technology industry has reached a critical point where regulation must evolve with innovation to foster economic growth and safeguard consumers, according to MobileMoney Ltd (MML) CEO Shaibu Haruna.
Speaking at the 2025 Fintech Stakeholder Forum in Accra, Mr Haruna emphasized the need for balance between innovation and financial integrity to sustain the country's rapidly growing fintech ecosystem.
Mobile money and digital credit platforms have revolutionised access to finance, but many Ghanaians remain hesitant due to fears of fraud, data breaches, and misuse of personal information.
Author's summary: Ghana's fintech growth needs balanced regulation.