Funding Tracker                 


MFS Africa

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Mobile money hub for cross-border money transfers


Location: South Africa
Website: http://mfsafrica.com/
Sector: Fintech
Funding Stage: Venture Round Venture Round Series C Series C
Total Funding ($m): $203M
# of Founders: 1
Founding Year: 2009
Funding Year: 2022
Status: Active
YearAmountStageInvestors
2020$1.2mVenture RoundFSD Africa Investments
2021$1.8mVenture RoundGoodwell Investments
2021$100mSeries CAfricInvest, LUN Partners, Goodwell Investments, CommerzVentures, Allan Gray, Endeavor, Equator Capital Partners, Lendable, Norsad Finance
2022$100mSeries CAfricInvest, CommerzVentures, Vitruvian Partners, AXA Impact Fund, Stanbic IBTC Bank
Dare Okoudjou, , ,
Venture Round $1.2m

FSD Africa Investments



Venture Round $1.8m

Goodwell Investments



Series C $100m

AfricInvest, LUN Partners, Goodwell Investments, CommerzVentures, Allan Gray, Endeavor, Equator Capital Partners, Lendable, Norsad Finance



Series C $100m

AfricInvest, CommerzVentures, Vitruvian Partners, AXA Impact Fund, Stanbic IBTC Bank





News
https://techcrunch.com/2022/06/14/mfs-africa-raises-an-additional-equity-and-debt-capital-to-take-its-series-c-to-200m/