MFS Africa resource hub

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Wed 10 Nov 2021

MFS Africa’ $100 million Series C fund raising

for massive expansion across Africa

London – 10 November 2021: MFS Africa, Africa’s largest digital payments network, has raised US$100 million through an equity and debt ...


Wed 10 Nov 2021

MFS Africa lève 100 millions de dollars de

série C en vue d’une forte expansion en Afrique

Londres – le 10 novembre 2021 : MFS Africa, la plus grande plateforme panafricaine de paiements numériques, a levé 100 millions de dol ...


Thu 21 Oct 2021

MFS Africa annonce son expansion au Nigeria

avec un accord portant sur l'acquisition du réseau d’agents Baxi

LAGOS, Nigeria, le 20 octobre 2021 : MFS Africa, la plus grande plateforme panafricaine de paiements numériques, a annoncé aujourd'hui q ...


Wed 20 Oct 2021

MFS Africa announces expansion into Nigeria

with agreement to acquire leading super-agent network Baxi

LAGOS, Nigeria 20 October 2021: MFS Africa, the largest pan-African digital payments hub, announced today that it had signed an agreement ...


Tue 11 May 2021

Cameroon-based fintech, Maviance PLC, closes its

Seed round to fund its expansion within the Central African Economic Region (CEMAC)

Maviance PLC (, a Cameroon-based fintech, announced today that it has closed its Seed investment round of USD 3 million f ...


Tue 13 Apr 2021

MFS Africa now reaches over 320 million mobile

money, wallets covering 60% of all mobile wallets in sub-Saharan Africa

Pan-African fintech leader MFS Africa has today announced that it now reaches over 320 million mobile money wallets,[1] enabling a range o ...


Wed 9 Dec 2020

MFS Africa teams up with Xoom, a PayPal service, to

bring new international mobile money transfers to Africa

New partnership will help enable users of Xoom, PayPal’s remittance service, to transfer money to sixAfrican markets through leading pan ...


Fri 6 Nov 2020

MTN Uganda & Airtel Uganda third party

systems incident

Read our statement on the third party systems incident reported by MTN Uganda and Airtel Uganda ...


Tue 30 Jun 2020

MFS Africa rachète Beyonic pour ouvrir les

paiements électroniques aux PME en Afrique et à l’international

Le nouveau partenariat entre le leader panafricain du fintech et Beyonic ambitionne de créer de nouvelles opportunités de paiement pour ...


Mon 29 Jun 2020

MFS Africa Acquires Beyonic, Bringing

Cross-Border Digital Payments to SMEs Throughout Africa and Beyond

Leading pan-African fintech’s historic tie-up with Beyonic will open up intra-Africa and global payment possibilities to SMEs, fintechs, ...


Thu 19 Mar 2020

As borders close, we remain open

COVID-19: How we are responding

Dear MFS Africa partners, stakeholders, friends, and family, Along with businesses the world over, we are keeping a close eye on the evolv ...


Wed 18 Dec 2019

Visa and MFS Africa Bring Digital Payments to

More Consumers and Businesses Across Africa

Leading pan-African fintech platform extends Visa payment solutions and credentials to simplify remittances and expand global e-commerce a ...


Wed 24 Jul 2019

MFS Africa and WorldRemit

partner to expand mobile-to-mobile remittances in Africa

Leading digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money servic ...


Wed 12 Dec 2018

Ecobank, the Pan African Bank, appoints

MFS Africa Ltd as Digital payment partner

The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets acr ...


Tue 30 Oct 2018

MFS Africa secures additional funding

in the second closing of its Series B, bringing total amount raised for the round to USD $14M

The Company’s second closing includes follow-on investments from lead investor LUN Partners Group and Goodwell Investments as well as pa ...


Mon 23 Apr 2018

MFS Africa inks partnership

with Moov Togo

Flooz users in Togo may now send and receive money to and from mobile wallets and bank accounts across the region, thanks to a new partner ...


Wed 18 Apr 2018

MFS Africa becomes first African FinTech funded by

a China-based VC in $4.5M Series B round led by LUN Partners Group

MFS Africa will work with LUN Partners Group to boost financial inclusion in countries targeted by China’s ‘Belt and Road’ initiativ ...


Wed 12 Apr 2017

M-Pesa pioneer Michael Joseph joins

Board of MFS Africa

MFS Africa, a leading Pan-African fintech company, today announces that Michael Joseph has joined its Board of Directors as an independent ...


Fri 24 Feb 2017

MFS Africa Appoints Mobile Money Pioneer

and former Visa Emerging Markets VP Reg Swart to Accelerate Growth

MFS Africa appoints of Visa’s former Vice President of Strategy and Sales for Emerging Markets Digital, Reg Swart. Mr. Swart joins the g ...


Tue 22 Nov 2016

MFS Africa Connects 120 Million Mobile Wallets

in Sub-Saharan Africa

Largest network on the continent allows merchants, banks and mobile operators to scale transactions cross-border, cross-currency and cross ...


Tue 26 Jul 2016

MFS Africa Acquires Sochitel

MFS Africa announces the acquisition of Sochitel

An international airtime top-up provider, in a move that creates the largest value transfer payment network focusing on Africa. ...


Tue 12 Jul 2016

MFS Africa and Wari Announce Partnership for

Digital Money Transfer in Africa

Pan-African Fintech Company MFS Africa and Wari announced that Wari is the latest partner to join MFS Africa's remittance and payments hub ...


Wed 11 Nov 2015

MFS Africa and Airtel Malawi Launch

Mobile Remittance Service

MFS Africa and Airtel Malawi are proud to announce the launch of mobile money remittances from South Africa to Airtel Money customers in M ...


Wed 9 Sep 2015

MFS Africa and MTN Enable Mobile Remittance

Corridor from Rwanda to Uganda

MTN Mobile Money users in Rwanda are able to send money to Uganda seamlessly and affordably through the MFS Africa Hub. ...