MFS Africa collects $100M to expand its digital payments gateway across the region

MFS Africa collects $100M to expand its digital payments gateway across the region

3 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/10/mfs-africa-gets-100m-after-series-of-investments-and-acquisitions-in-the-past-year/

Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa’s largest digital payments network MFS Africa joins the fray.

The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt.