MFS Africa

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.
Staff Writer
3:10

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.
2:50
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.
1:30
Nov 10, 2021

MFS raises US$100m to expand Fintech platform

AfricInvest FIVE invests in the digital payments network.
4:10
Oct 20, 2021

MFS Africa announces expansion into Nigeria

Agreement to acquire leading super-agent network Baxi
2:00
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.
1:50
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.
2:30
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.
2:40
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.
2:30
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.
2:40
Sep 22, 2020

MFS Africa partners inwi money to service Morocco market

Morocco plays a key role as a "connector" in Africa says cross-border payments services provider.