A mobile money app for individuals and organisations in Madagascar to send and receive money, deposit or withdraw cash, pay bills and merchants, and access savings and advances.

MVola Product Overview

Is MVola Right for You?

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Best For

  • People in Madagascar
  • Small businesses in Madagascar

What It Does Well

  • Send and receive money
  • Cash in and cash out

Things to Check

  • Advance eligibility rules
  • Merchant acceptance coverage

About MVola

Screenshot of MVola website

MVola is a mobile money and financial services platform for individuals in Madagascar, with additional tools for businesses, NGOs, and public organisations to manage digital payments and transfers.

Key capabilities include:

  • Send and receive money through wallet-to-wallet transfers, plus international money transfers to Madagascar
  • Cash deposit and withdrawal via agent networks, supporting day-to-day cash-in and cash-out needs
  • Payments for bills and partners, and merchant payments with QR code for cashless transactions
  • Mobile credit and offer purchases from within the app
  • Financial services such as MVola Épargne (savings), MVola Avance (short-term advance), and MVola Assure (insurance)
  • Bank integration with wallet-to-bank and bank-to-wallet transfers (MVola To Bank/Bank To MVola)
  • Business services including B2B incoming payments, B2B transfers, and the MVola Business portal, plus a developer portal for API access

Available on Android, iOS, Web (including a self-care portal), and via API.

Target users include Malagasy consumers who need mobile payments and money transfers, and organisations that need B2B payment collection and disbursements.

Notable in the Madagascar market for combining everyday mobile money, QR merchant payments, savings and advances (advertised up to 1,000,000 Ariary without paperwork or collateral), plus business tooling and a public developer portal for integrations.

MVola Facts

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Pricing & Fees
Variable pricingAccount management and standard deposits are free, while transaction fees vary by service, including 9% interest on micro-loans, 8% annual savings returns, and tiered fees for transfers and cash withdrawals.

As of Oct 19, 2026, MVola is rated 4.2 on the App Store from 192 reviews and 4.1 on Google Play from 20.8K reviews with 1M+ installs.

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MVola Founders & Leadership Team

Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Janick Razafintsalama
SR

Latest MVola News & Updates

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Jobs at MVola

TitlePosted
system architect specialistMay 5, 2026

Frequently Asked Questions About MVola

MVola is a mobile money and financial services platform in Madagascar that lets you send and receive money, deposit and withdraw cash through agents, pay bills and merchants, buy mobile credit, save, and access short‑term advances, all linked to your mobile number. You use it by opening an MVola wallet, funding it with cash or bank transfers, then making transactions from the app, USSD, or web portal and cashing in or out through the agent network or linked bank and card services.

MVola operates in Madagascar and is designed for domestic users and organizations there, with support for international money transfers that send funds into Madagascar.

You sign up for MVola by opening a mobile money account linked to an eligible Malagasy mobile number (such as starting with 032, 033, 034, 037, or 038), then completing registration through MVola/Telma channels like agents, app, or self‑care portal as instructed. The account opening is advertised as free for users with those numbers.

Yes, Mvola is available on iOS and Android. You can download Mvola on the App Store for iPhone, or get it on Google Play for Android.

MVola is best suited for individual consumers in Madagascar who need everyday mobile payments, money transfers, and basic financial services, and for companies, NGOs, and public organizations that need to collect or disburse payments digitally. It is particularly useful for users who want to operate largely cashless while still being able to deposit and withdraw through agents and banks.

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