MFS Africa: Funding, Investors & Team (Sep 2026)
MFS Africa is the biggest versatile cash between operability center point in Africa, which associates portable organization administrators across the mainland through a solitary API. Notwithstanding portable settlement benefits, the MFS Africa API empowers shipper installment, mass installment, bank-to-wallet moves, and a variety of other cross boundary advanced installments administrations.
MFS Africa has raised $170M across 2 funding rounds on record, the most recent a Series C of $100M announced in Jun 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
MFS Africa Company Profile and Key Stats
Latest funding round on record: Jun 2022.
MFS Africa Funding Rounds
MFS Africa raised $70.0M in a Series C announced in Nov 2021.
7 months later, a Series C of $100M was announced in Jun 2022.
MFS Africa Founders and Leadership Team
Contact details for the MFS Africa team: 1 of 1 has an email address on file.
Start 14-day free trial →MFS Africa Funding Compared to Other Financial Services Startups
MFS Africa's latest round of $100M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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MFS Africa Funding FAQs
What does MFS Africa do?
MFS Africa is the biggest versatile cash between operability center point in Africa, which associates portable organization administrators across the mainland through a solitary API. Notwithstanding portable settlement benefits, the MFS Africa API empowers shipper installment, mass installment, bank-to-wallet moves, and a variety of other cross boundary advanced installments administrations.
How much funding has MFS Africa raised?
MFS Africa has raised $170M across 2 rounds on record. The most recent is a Series C of $100M announced in Jun 2022.
When did MFS Africa last raise funding?
MFS Africa's most recent funding round on record is a Series C of $100M, announced in Jun 2022.
Who is the CEO of MFS Africa?
Dare Okoudjou is listed as CEO at MFS Africa.
Where is MFS Africa headquartered?
MFS Africa is based in Johannesburg, Na - South Africa, South Africa.
How many employees does MFS Africa have?
MFS Africa is in the 101-250 employee band.
How does MFS Africa's funding compare to other Financial Services startups?
MFS Africa's latest round of $100M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's MFS Africa Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MFS Africa is left off this page rather than filled in.
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