Singapore, 27 August 2025 – Ezra, the market-leading fintech infrastructure provider, today announced a landmark partnership with aYo Intermediaries (Pty) Ltd (aYo), the South African subsidiary of MTN Group’s InsurTech platform aYo Holdings. MTN Group’s insurance arm, to bring seamless, data-driven lending solutions to millions of Africans.
The partnership will initially focus on South Africa, targeting nearly 29 million social security recipients — close to half the country’s population. By embedding Ezra’s credit infrastructure into aYo’s network, the initiative will unlock airtime and data loans, nano loans, Buy Now Pay Later services, and business loans for micro and small enterprises.
“This partnership is about more than credit, it’s about building resilience and empowering communities to thrive. By combining our infrastructure with aYo’s reach, we are creating equal access and endless possibilities for millions of people.”
—Yaoyang Low, Managing Director at Ezra
For households, this means fair, instant access to microcredit to smooth income gaps and stay connected. For small businesses, it means affordable working capital to grow and participate in the digital economy.
“We’ve always focused on making financial services simple and impactful. With Ezra, we can extend that mission to credit, giving South Africans, and soon many more across Africa, the tools they need to stay connected and move forward.”
—Julius Sikhuza, Chief Executive Officer at MTN aYo Intermediaries South Africa
The signing took place at a Partner Event of the Africa Singapore Business Forum 2025, organised by Enterprise Singapore.
“This partnership between Ezra and aYo Intermediaries South Africa showcases how Singaporean and African businesses can collaborate to create innovative solutions that unlock opportunities for communities across Africa. Through platforms such as the Africa Singapore Business Forum, Enterprise Singapore actively facilitates connections between businesses from both regions, enabling them to explore growth opportunities.”
—Rahul Ghosh, Director of Middle East and Africa at Enterprise Singapore
About Ezra
Ezra is a market-leading fintech infrastructure provider, dedicated to empowering local communities with seamless, data-driven financial solutions. Guided by our purpose — Equal Access, Endless Possibilities — Ezra combines advanced credit scoring, alternative data, and scalable platforms to unlock opportunity for millions of underserved individuals and businesses. Operating across 24 countries and processing over USD 1.8 billion in loans annually, Ezra works with banks, mobile operators, and fintechs to break down barriers and enable meaningful participation in the digital economy. For more info: https://ezra.world
Media contact: Sylvia McKaige, sylvia.mckaige@salweengroup.com
About aYo Insurance
aYo Holdings is MTN Group’s InsurTech platform, and is dedicated to driving financial inclusion across Africa by offering simple, affordable insurance and related financial services. With operations in multiple African markets, aYo Holdings provides millions of customers with accessible products that safeguard their health, livelihoods, and future. For more info: https://ayo-holdings.com
