MFS Africa

Johannesburg, South Africa · Founded 2009 · $100.0M raised

Headquarters
Johannesburg
Founded
2009
Business Model
B2B
Total Funding
$100.0M
Last Round
$100.0M Series CJun 2022
Rounds
1

About

MFS Africa (now rebranded as Onafriq) is a pan-African digital payments network founded in 2009 by Dare Okoudjou. It connects over 180 million mobile wallets across Africa through a single API, enabling cross-border money transfers, bulk disbursements, and payment interoperability for banks, mobile operators, and enterprises across the continent.

Summary

MFS Africa is a Fintech company based in Johannesburg, South Africa, founded in 2009. It has raised $100.0M in total across 1 round, most recently a $100.0M Series C round in Jun 2022.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series CSeries C2Jun 2022
$100.0M

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