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Builders in Fintech

MFS Africa

Builders in Fintech has recorded 2 equity rounds for MFS Africa, most recently a series c round of $100M on 14 June 2022.

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Products
Total raised
$200M · equity rounds with a stated amount
Last round
Series C · $100M · 14 June 2022

Timeline

  1. Funding round

    Series C · $100M

  2. Funding round

    Fund · $100M · LUN Partners Group (lead)

All funding rounds in the database

Product

Pan-African payments gateway connecting mobile wallets and banks

Payments

Onafriq, formerly MFS Africa, operates a real-time payments network across Africa that connects businesses to around a billion mobile wallets as well as bank accounts and cards. Enterprises, remittance companies and fintechs use its gateway to send and receive cross-border payments, collections and disbursements through one connection instead of building separate integrations market by market.

Website

Description from the company website · Source

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