Accra, October 2025 – Ghana‘s financial technology industry is at a critical juncture where innovation must be balanced with robust regulation to protect consumers and sustain economic growth, MobileMoney Limited (MML) Chief Executive Officer, Shaibu Haruna, has said.
Addressing participants at the 2025 Fintech Stakeholder Forum in Accra on the theme, “Harnessing Ghana’s Fintech Potential: Regulatory Frameworks for Digital Credit and Digital Assets,” Mr Haruna highlighted the rapid growth of mobile money and digital credit platforms while warning that many Ghanaians remain cautious about engaging fully due to fears of fraud, data breaches, and misuse of personal information.
“Regulation must evolve alongside innovation, ensuring that technology continues to drive inclusion and growth without compromising consumer protection,” he said, stressing that Ghana’s fintech ecosystem requires a fine balance between creativity and financial integrity.
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The high-level forum, organised by MML, a subsidiary of MTN Ghana, brought together regulators, banks, fintech firms, policy think tanks, and academic institutions to explore strategies for deepening financial inclusion and building a sustainable digital payments ecosystem. Mr Haruna said the event was designed to foster dialogue between policymakers, regulators, and innovators, enabling the industry to collectively harness digital credit and asset-based technologies to empower small businesses, expand access to finance, and accelerate national development.
He praised the Bank of Ghana for its proactive leadership through the establishment of the Fintech and Innovation Office, which serves as a hub for policy engagement and industry collaboration. “The Bank of Ghana has shown commendable commitment by not only regulating but also collaborating — ensuring that innovation thrives within a stable and credible environment,” he noted.
Acknowledging contributions from policy institutions such as IMANI Africa and academic partners, including the Institute for Scientific and Economic Research (ISE), Mr Haruna emphasised the importance of incorporating diverse perspectives into the national fintech conversation. “By including policy researchers and academia, we hope to enrich today’s discussion with insights on how this industry is evolving,” he said.
He added that the forum was not merely about discussion, but about building enduring partnerships to shape the future of digital finance in Ghana and beyond. “Meaningful progress happens when we engage, listen, and build together. This gathering is a demonstration of shared commitment — a commitment to a future where innovation serves people and upholds dignity in our society,” Mr Haruna stated.
The 2025 Fintech Stakeholder Forum concluded with a shared understanding among industry players that Ghana’s fintech future must be driven by responsible innovation. As digital credit, mobile money, and asset-based technologies continue to expand, participants agreed that adaptive regulation is essential to sustaining growth, protecting consumers, and ensuring long-term stability in the sector.
