Monday, February 26, 2024
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MFS Africa

MFS Africa’s New Identity

MFS Africa, the continent's largest digital payments network, announces its transformation into Onafriq. This rebrand symbolizes the company's evolution and future vision. Dare Okoudjou, founder and CEO, puts it: "The name MFS Africa, just like an old jacket, was...

How Africa can reap the rewards of interoperability

Why should your geographic location limit your ability to send and receive money? Why should it affect your ability to buy goods and services from around the globe? And why should someone from Lagos or Kampala not have the...

Paysend Partners with Afrimoney to Enable Transfers to West Africa

Paysend, a UK-based fintech with over 6.5 million customers, announced on Thursday a technology partnership with Afrimoney, the mobile money service provided by Africell, to enable money transfers to West Africa, specifically in Gambia and Sierra Leone. According to a...

MFS Africa Raises $100-Million in Series C Funding

MFS Africa, one of Africa’s largest digital payments networks, has raised $100-million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including...

MFS Africa Expands to Nigeria After This Massive Fintech Acquisition

MFS Africa, one of the largest pan-African digital payments hubs, has announced that it has signed an agreement to acquire Baxi, one of Nigeria's leading super-agent networks. The deal, which is subject to approval from the Central Bank of Nigeria,...

New mobile-to-mobile digital payment service launched in Africa

WorldRemit users can now make instant, low-cost international mobile money transfers to 15 million accounts in Guinea, Malawi, Madagascar, Mozambique, and Niger.  Digital money transfer service, WorldRemit, is set to continue its expansion in Africa by launching a new international...

Ecobank selects MFS Africa as digital partner

Ecobank, the Pan-African bank announced the appointment of MFS Africa as Digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to and from over 170 million mobile money users...

MFS Hub connects to 120 million mobile wallets in Africa

MFS Africa announced that its MFS Hub is now connected to 120 million mobile wallets in Sub-Saharan Africa. Through partnerships with mobile network operators including Airtel, Econet, MTN, Orange, Tigo and Vodafone, MFS Africa now has unparalleled reach into...

Online users in Madagascar see global green with Orange

Orange Madagascar and MFS Africa have announced the launch of the online money transfer service Orange Money Transfert International, whereby Orange customers in Madagascar can receive international remittances directly to their Orange Money accounts. Orange Money was launched in Madagascar in...

MTN launches mobile money transfer in Rwanda

MTN Group and MFS Africa today announced the launch of an online money transfer service- MTNMMO.COM. MTN Mobile Money customers can now receive international remittances directly on their mobile phones. The service is now live for transfers to Rwanda and...
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How to Disappear Online and Still Be Social

In today's digitally driven world, the desire for privacy and the need for social interaction often seem at odds....
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