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MFS Africa

A collection of 3 posts
MFS Africa Rebrands to Onafriq
Daily

MFS Africa Rebrands to Onafriq

Pan-African fintech company, MFS Africa has rebranded to Onafriq due to trademark challenges in America. According to its founder and CEO, Dare Okoudjou, the trademark MFS belongs to another company in the US, and their ability to use it outside of Africa was becoming difficult. “The trademark MFS actually belongs
Nov 2, 2023 1 min read
MFS Africa Granted three Payment Licenses by the Central Bank of Uganda
Beyonic

MFS Africa Granted three Payment Licenses by the Central Bank of Uganda

MFS Africa, a pan-African digital payments platform has been granted three licenses by the Central Bank of Uganda. With the licenses, the company will be able to broaden and deepen its offering in Uganda. The PSP (Payment Service Provider), PSO (Payment Systems Operator), and IPI (Issuer of a Payment Instrument)
Nov 4, 2022 2 min read
MFS Africa Secures $100M Series C Extension Round to Scale and Expand across Africa, Asia
Admaius Capital Partners

MFS Africa Secures $100M Series C Extension Round to Scale and Expand across Africa, Asia

MFS Africa, the largest pan-African digital payments gateway has today announced that it has secured an additional $100 million in equity and debt funding led by the African investment manager, Admaius Capital Partners, taking the total funds raised in the series to $200 million. The extended round included new investors,
Jun 14, 2022 3 min read
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