Tag "MFS Africa"
MFS Africa Partners Ripple to Enhance Its Real-Time Mobile Payments
Mobile money company MFS Africa has partnered with crypto solutions provider Ripple to streamline real-time mobile payments for its customers across 35 countries. The partnership will see MFS Africa utilising Ripple’s On-Demand Liquidity (ODL) solution to reduce bottlenecks associated with
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Uganda’s Numida Raises US$12.3M Pre-Series A Led By Serena Williams’ VC Firm
Uganda digital lending platform Numida has raised a US$12.3 million pre-Series A funding round led by Serena Williams’ venture firm Serena Ventures. Breega, 4Di Capital, Launch Africa, Soma Capital, MFS Africa, and Y Combinator participated in the US$7.3 million equity
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5 African Fintech Startups on CB Insights’ Fintech 250 Most Promising List
Five African fintech startups made this year’s Fintech 250, CB Insights’ annual list of the 250 most promising private fintech companies in the world. The 250 winners were selected from a pool of over 12,500 eligible private companies based on
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These 8 African Fintech Companies Raised US$100m+ This Year
African fintech companies have had a year like no other when it comes to funding. Between Q1 and Q3 this year, African fintech companies raised US$1.44 billion in funding dollars. The funding total surpassed the entire amount raised by these
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MFS Africa Raises US$100m Series C to Boost Expansion
In another big round this week, pan-African digital payments gateway MFS Africa has secured US$100 million in a Series C equity and debt round, the company announced in a statement. The financing is split US$70 million for equity and US$30
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