MFS Africa wins top fintech award in Egypt

MFS Africa, a prominent pan-African fintech company, has emerged victorious as the Fintech of the Year at the esteemed African Banker Awards held in Sharm El Sheikh, Egypt. This recognition highlights the company’s commitment to revolutionising the financial landscape for millions of Africans by offering innovative payment solutions that transcend borders.

The Fintech of the Year award also acknowledges MFS Africa’s dedication to transforming the financial sector in Africa through its extensive network that connects various entities such as mobile money providers, banks, fintech companies, money transfer operators, and enterprises. This interconnected network facilitates seamless and interoperable transactions, empowering individuals and businesses alike.

The award solidifies MFS Africa’s position as a trailblazer in the fintech arena and reinforces its commitment to driving impactful financial inclusion across the continent, organisers of the awards said.

Expressing his gratitude for the recognition, Dare Okoudjou, founder and CEO of MFS Africa, stated, “We are deeply honoured to receive the Fintech of the Year award. This prestigious accolade is a testament to the hard work and dedication of the entire MFS Africa team. We are committed to building payments infrastructure that will last a hundred years and change the ways that Africans transact with each other and the global economy. On behalf of the team, I would like to thank the African Banker Awards for recognising our contributions to the African financial sector.”

The African Banker Awards are held annually during the meetings of the African Development Bank and serve to commend transformative leadership within the African financial services sector. This year’s award ceremony celebrated MFS Africa’s exceptional achievements and highlighted the company’s role in advancing financial inclusion and connectivity across the continent.

MFS Africa firmly believes that access is the key to overcoming barriers and inequities in Africa, rendering borders insignificant. The company operates by connecting enterprises, mobile money operators, money transfer operators, banks, non-bank financial institutions, and online and offline merchants to more than 400 million mobile money wallets in over 35 African countries.

By facilitating domestic and cross-border disbursements and collections through its extensive network, MFS Africa actively works with partners worldwide to diminish the significance of borders. To learn more about their mission, watch their video manifesto.

With the Fintech of the Year award in its hands, MFS Africa continues to spearhead transformative change in the African fintech landscape. The company’s innovative payment solutions and commitment to financial inclusion position it as a catalyst for progress in the region, empowering Africans to participate more fully in the global economy and transcending the limitations of traditional financial systems.

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