Dare Okoudjou, CEO, MFS Africa.

MFS Africa this week picked top honours at the African Banker Awards in Sharm El Sheikh in Egypt, where the start-up was crowned fintech of the year.

The fintech connects enterprises, mobile money operators, money transfer operators, banks, non-bank financial institutions, and online and offline merchants to each other and to more than 400 million mobile money wallets in over 35 African countries.

The African Banker Awards take place during the annual meetings of the African Development Bank and honour ‘transformative leadership’ in the African financial services sector.

Yesterday, MFS Africa received the top accolade after being recognised for ‘outstanding contributions to the fintech industry in Africa through payment solutions that make borders matter less for millions of Africans’.

The company says this recognition reaffirms its position as ‘a trailblazer in the fintech sector, driving impactful financial inclusion on the continent’.

It says the Fintech of the Year award, “Is a testament to MFS Africa's dedication to transforming the financial landscape in Africa, through its network of networks that connects mobile money providers, banks, fintech, money transfer operators and enterprises, enabling seamless and interoperable transactions that empower individuals and businesses.”

Dare Okoudjou, founder and CEO, MFS Africa, said: "We are deeply honoured to receive the Fintech of the Year award. This prestigious accolade is a testament to the hard work and dedication of the entire MFS Africa team.

“We are committed to building payments infrastructure that will last a hundred years and change the ways that Africans transact with each other and the global economy. On behalf of the team, I would like to thank the African Banker Awards for recognising our contributions to the African financial sector.”