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MFS Africa: Acquires US-based Global Technology Partners

MFS Africa: Acquires US-based Global Technology Partners

  • MFS Africa connects mobile money users and service providers, providing access to simple, secure, affordable
  • Announces that it has reached an agreement to buy Global Technology Partners (GTP)
  • GTP is the number one processor for prepaid cards in Africa, with over 80 banks
  • GTP’s client base covers 34 countries and is fully connected to the Visa, Mastercard, GIM
  • This acquisition enables it to further deepen its offering to Africa’s gig economy, the business travel market
  • The combined operations have immense and exciting growth potential and with an extended portfolio
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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