MFS Africa targets Africa-China link in US$200m-backed expansion plans
Admaius Capital Partners led the US$100-million extension, resulting in the total amount raised in the series to US$200-million.
MFS Africa acquires US-based GTP to deepen global Fintech ambitions
Deal for an undisclosed amount will open doors to additional e-commerce business, business travel market and opportunities in US market.
Feb 17, 2022
MFS Africa looks to strengthen PAPSS backbone
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.
Nov 10, 2021
MFS raises US$100m to expand Fintech platform
AfricInvest FIVE invests in the digital payments network.
Oct 20, 2021
MFS Africa announces expansion into Nigeria
Agreement to acquire leading super-agent network Baxi
Jul 19, 2021
MFS Africa, AfriMoney in partnership to serve Sierra Leone
Companies claim that remittances from abroad amount to more than half of annual household consumption in the country.
Jun 4, 2021
Latest Fintech alliance targets 100m mobile wallets
MFS Africa and Global Technology Partners have entered into an agreement to deepen financial penetration across Africa.
May 11, 2021
US$3m fund gives Cameroon’s Maviance springboard for expansion
Fintech firm connects market to its Smobilpay digital financial services platform.
Mar 29, 2021
MFS Africa scales up to 320 million mobile money wallets
Pan-African Fintech firm confirms reach of over 60% of all mobile wallets in Sub-Saharan Africa.
Mar 9, 2021
African Fintech firm MFS Africa bolsters London team as it drives offering abroad
New team will be led by senior banking executive Patrick Gutmann.
Dec 21, 2020
2021, the year for Big Data, AI and machine learning in finance
Dare Okoudjou, founder and CEO of the FinTech MFS Africa, shares his thoughts and predictions on what 2021 will bring when it comes to mobile money and big data in Africa.
Dec 10, 2020
MFS Africa partners Xoom to target Africa’s untapped remittance potential
Connection to digital payments hub to enable mobile money transfers from UK, Europe and North America to six countries across Africa.
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