MFS Africa

African Tech Voices: Regulation and regulatory compliance are critical if Africa is to reap the rewards of interoperability

Regulators can play an important role in providing a regulatory environment which fosters digital payments and interoperability within their domestic markets and across the continent says Patrick Gutmann, Managing Director at MFS Africa.
Staff Writer
Oct 13, 2022

MFS Africa invests in AI intuition tech to beef up security

Advanced AI solution from ThetaRay to enable Fintech to effectively detect money laundering and sanctions list violations.
Aug 18, 2022

African Tech Voices: Africa edges closer to Fintech revolution

Dare Okoudjou, Founder and CEO, MFS Africa, outlines why card and mobile money interoperability are critical to empowering African consumers and entrepreneurs.
Jun 15, 2022

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.
Jun 7, 2022

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.
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.