MFS Africa crowned ‘Fintech of the Year’

Through this partnership, MFS Africa will be expanding Access Bank’s instant outbound remittance reach to potentially 400 million mobile wallets.

The new capital raised will be deployed to secure operational licensing in the United Kingdom and Canada, while building out operations in the United Kingdom.

Companies announce partnership as mobile money continues on growth trajectory across Africa.

Dare Okoudjou, Founder and CEO, MFS Africa, outlines why card and mobile money interoperability are critical to empowering African consumers and entrepreneurs.

Admaius Capital Partners led the US$100-million extension, resulting in the total amount raised in the series to US$200-million.

Deal for an undisclosed amount will open doors to additional e-commerce business, business travel market and opportunities in US market.

Company said it will extend the reach of the pan-African payment and settlement system to over 320 million mobile money and last mile users across 35 African markets.

AfricInvest FIVE invests in the digital payments network.

Agreement to acquire leading super-agent network Baxi

Companies claim that remittances from abroad amount to more than half of annual household consumption in the country.

MFS Africa and Global Technology Partners have entered into an agreement to deepen financial penetration across Africa.