Onafriq (formerly MFS Africa)
Type
startup
Founded
2009
Funding captured
$218.6m
Deals captured
8
About Onafriq (formerly MFS Africa)
MFS Africa is a mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single AP and enables merchant payment, bulk payment, bank-to-wallet transfers, and other cross-border digital payments services.
Onafriq (formerly MFS Africa) funding captured (8)
| Deal type | Stage | Date | Amount | Investors |
|---|---|---|---|---|
| Debt | Series C | Jun 14, 2022 | undisclosed |  Stanbic IBTC +1 |
| **************** | **************** | **************** | $100.0m | **************** |
| **************** | **************** | **************** | $30.0m | **************** |
| **************** | **************** | **************** | $70.0m | **************** |
| **************** | **************** | **************** | $1.2m | **************** |
Onafriq (formerly MFS Africa) investments captured (6)
| Company Name | Stage | Total Deal Amount | Date |
|---|---|---|---|
 Numida | Pre-Series A | $7.5m | Sep 29, 2022 |
| ******** | undisclosed | Oct 21, 2021 | |
| ************ | $2.0m | Jul 27, 2021 | |
| **** | ***** | May 11, 2021 | |
| **** | ***** | Apr 13, 2021 |