MFS Africa: Announces the extension of its series C
- MFS Africa, Africa’s largest digital payments network announces that it has secured an additional US$100 million in equity
- New investors, Vitruvian Partners and AXA IM Alts joined the extension, alongside existing investors
- Previous other investors include LUN Partners Group, Goodwell Investments, Allan Gray Ventures
- The new funding will further accelerate expansion plans across Africa, its integration into the global digital payment ecosystem
- Expansion into Asia through its joint venture with LUN Partners to enable cross-border digital payments between Africa
- FT Partners served as the exclusive financial and strategic advisor in the Series C raise
