MFS Africa

Why ESG makes great business sense for African fintechs

By Funmi Dele-Giwa, General Counsel & Head, GRC at MFS Africa If you’re reading this, there’s a very good chance you’re already familiar with…

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…

MFS Africa partners with Access Bank to expand AccessAfrica remittance corridors

MFS Africa, the largest digital payments network in Africa, has announced a partnership with Access Bank, Nigeria’s largest bank, to expand its AccessAfrica remittance…

How businesses can empower SMEs in South Africa

In a nation beset by unemployment, it is vital to provide new work opportunities. Experts warn South Africa’s collective future will remain unknown unless…

Fintech revolution: Interoperability can empower Africans

For the African fintech revolution to reach its true potential, interoperability cannot be confined to the continent. It needs to be completely borderless. MFS Africa…

Fintech MFS Africa acquires digital payments provider Beyonic

Johannesburg-based fintech firm MFS Africa announced today that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact…

Top startup web events in South Africa, Africa you should know about this week [08/06/2020] [Updated]

Tomorrow (9 June) Heavy Chef will host former Nigerian president Olusegun Obansanjo who will discuss how Africa can respond to the pandemic. This, while…

SA insurtech Inclusivity Solutions nets $1.3m in second tranche of Series-A round [Updated]

Cape Town based insurtech startup Inclusivity Solutions has secured a $1.3-million investment in the second tranche of its Series-A round, the startup announced in…

Fintech MFS Africa lands $1.2m follow-on investment

Johannesburg-based fintech firm MFS Africa has landed a further $1.2-million as a follow-on investment, from Nairobi-based FSD Africa Investments. FSD Africa Investments, which is…

Third annual Africa Fintech Unconference to be held in September in Uganda

African fintech companies Nomanini, MFS Africa, and Tugende has announced that it will host the third annual Africa Fintech Unconference (AFU19) on the shores of Lake…

MFS Africa secures follow-on funding, bringing Series-B round to $14m

Johannesburg-based fintech company MFS Africa has closed a Series-B funding round led by China-based VC firm LUN Partners Group. The raise is an extension round to a $4.5-million round the…

Financial inclusion never something you can declare victory over – Tugende CEO

Over the past decade the progress made within financial inclusion has emerged as one of Africa’s great success stories. According to the World Bank…

Goodwell launches new Africa-focused €20m fund aimed at inclusive economy

Dutch impact investor Goodwell Investments has announced that it has launched Goodwell IV, a €20-million fund for investments in the inclusive economy in Sub-Saharan Africa. In a statement…

‘African Fintech Unconference 2018 to provide platform for discussion’ [Updated]

The second annual African Fintech Unconference (AFU18) — set to take place next month — will provide an important platform for discussion and information…

How MFS Africa made history for African fintechs with $4.5m Chinese-led deal

Johannesburg-based company MFS Africa made history earlier this month when it became one of the first African fintechs to secure funding from a Chinese-based venture capital (VC)…

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